Monday, November 10, 2008

Nifty Future for Week Nov 10-14 - Rakesh Chandra

As we said last week on the upper side profit-booking will come easly. Markt behaved in the same maner. It corrected from 3295 to 2850 levels in two trading sessions. On the upward move 3400 area is top resistanse. Sell 3400 call option on the upmove, however booking profits on the upper side is a better trading idea.

Buy Nifty above 3,048.63 TGT 3,148>>3,308>>>3,407 Stoploss 2,987.

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