March 4, 2013

Nifty Future For 5th Mar 2013

# Open Drive down Today but Failed to extend range downside, closing near  Fridays close.

# So possibly there is some short covering done.

# Strategy remains Sell on rallies.

# However as long as Budget Day low holds, we can try Long i..e Strictly Day Trade.

# I Will try long only  Above 5690, if this level gone, This view should be negated

# Buying Reference level is 5706, with Strict stop as 5690.

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