Tuesday, 12 November 2013

Nifty Fut 12-Nov-2013


Xpert Nifty
12-Nov-2013

From last 6 consecutive days we have seen that NF Fut is degrading, and almost 250 fall we have seen from top level.

Still the trend is -ve or down only but any time we may see some sharp buying which could be profit booking of short position made at higher level.

Looking at current situations NF Fut has strong support zone around 6089-6063, we may see some profit booking from this level.

Trade cautious as again market is moving with USDINR movement, and very seen we will have general election and hence we may see some volatility drying in market.

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