January 30, 2013

Nifty Future For 30th Jan 2013

Yesterday Nifty Future had Neutral Extreme day.

Where there was Range extension on Both sides of Initial Balance.

# Things to watch today if there is continuation to that. or it Opens Back inside Range.

# Imp Ref Points 6052 , if opens above that with +ve bias , i will Try longs for 6072-77.

# Continuation of Yesterdays down move can take us to 6013.

# Failed auction @ 6013 on 25th Jan, Today being third day, watch that out.


  1. Im long in NF and Short in TataMotors

  2. Vandana,

    GM. I am hopeful of FA at yesterday's high @6110 to get confirmed on expiry day. This is just a bias and have not put any money on this yet..

    1. GM Girish,

      I don't think yesterday there was FA.
      As IB was first got RE on downside n later on upside, making it Neutral day. Hope this Helps.

  3. Booked Profit in TataMotors +2 points,
    NF holding long, but if it doesn't move in desired direction, may scratch out.

  4. looks probe on for 6093 .. cmp 6060 !! #nf

    1. Okey Jay..i went out after morning trades, so delay to reply.
      That was my view too, but so far its unable to cross 6072.