DEAR TRADER'S AS EXPECTED NATURAL GAS HAS RALLIED SHARPLY TO MAKE A NEW HIGH OF 4.675$.. ALMOST NEARING OUR 1ST TARGET 4.773$..CMP - 4.673$..TRADER'S ARE ADVICED TO BE CAUTIOUS & BOOK PROFITS ACCORDINGLY...
IN THE MEAN TIME OUR NIFTY 27JAN2011 FUTURES SELL CALL INITIATED @ 6202.70 WITH A STOP LOSS OF 6228.80 HAS ALSO MANAGED TO CRACK & HAS MADE A LOW OF 6146.70..NEARLY 50 POINTS DOWN FROM THE LEVEL INITIATED...
TODAY NIFTY FUT HAS CLOSED @ 6159..WHICH IS BELOW OUR SUPPORT LEVEL 6171 (BEST BUY LEVEL) & ALSO BELOW ACTUAL RESISTANCE & BEST SHORT LEVEL 6186.. NEXT TRADING SESSION TARGET FOR NIFTY FUTURE IS 6122.55/6107.65..
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