21/11/2014
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No change in view . We are very bullish on Nifty. Buy on dip till 8360 on closing basis for TGT 8500/9000. Exit your buy position if it close below 8360 but don’t short. wait for level to buy again at 8280 if comes.Positional traders keep nifty spot 8345/8280 as SL till then just BUY on every dip. Major support levels on closing basis are 8360-8303-8280-8170 and major resistance levels on the closing basis are 8451-8530-8645.
For intraday play as per level given.
TRADEFIRE :BUY: NIFTY14NOVFUT FUT ABOVE: 8434 SL: 8411 TGT: [8446, 8469, 8492, 8515, 8538]
TRADEFIRE :SELL: NIFTY14NOVFUT FUT BELOW: 8411 SL: 8434 TGT: [8400, 8377, 8355, 8332, 8309]
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