Tuesday, November 9, 2010

Nifty Future -- 09-Nov-10 EOD And for Tomorrow( 10-Nov-10).

After EOD settlement Nifty future closed at 6333.45 .
Open interest was supporting through out the day, but it could not cross 6349-6354.

What next and Tomorrow????

NF is now above Pivot point--6314.
Though EOD Open interest data is showing strength, but expecting it can reverse any time.
SO watch carefully the level 6349-6354 and above this 6366.45(R1).
Above this level, NF will be in safe side for long but should have strict stop lose, depends on individual's appetite.
Below pivot point--6314, NF will be weak again and probable down side targets will be --
6241-6207-6202.


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