Monday 16 December 2013

Live Nifty Future Update 16-Dec-2013


Xpert Nifty
16-Dec-2013

Nifty Fut as said in our earlier blog is in -ve or down trend.
Today NF Fut has taken support near 6183 level, anytime below this level NF Fut may slide down till 6121-6084.

News:
From 18-Dec-2013 Federal Bank meeting will start and on 19-Dec-2013 RBI policy is likely to announce so till this days there may not be heavy move and market may remain in a range as we also also seen that since last 6 trading days market is continuously degrading i.e. coming down and hence there can be intraday small profit booking i.e. small up moves.

Focus on trading script specific

Script with Down Swing ::
Nifty
BankNifty
SBI
LT

Script with Positive Swing ::
TCS
TechM
Infosys 

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