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Where is Nifty Heading?

Discussion in 'Technical Analysis' started by sachinmore08, Jun 29, 2012.

  1. sachinmore08

    sachinmore08 New Member

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    As per my analysis of technical charts ..if Nift could close above 5280 today then it may see further upside moment and hopefully will continue to break next resistance levels.

    guys what say ..does it has potential to cross 5600 in next 2-3 months?

    Actually i am planing to buy Nifty5600_Sep Call Option.
    Shabbir will you be able to guide me on Options trading ?

    Kudos..Happy Investing!:D
     
  2. shabbir

    shabbir Administrator Staff Member

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    I don't trade in futures or options and so not sure I can guide you with options trading.
     
  3. masihpatel

    masihpatel Active Member

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    looks like trend will continue for next couple of sessions.
     
  4. letsgrowtogether

    letsgrowtogether New Member

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    I am not very sure about NIFTY but YES I am confident about BANKNIFTY...I had already booked 1001 points in BankNIFTY in June...Bought BANKNIFTY JULY contract on 27 MAY @ 9151 and sold in JUNE @ 10052 ... 1001 points earned in 15 days...Also Bullish on BANKNIFTY because there a good monsoon is still ahead, From here onward we can see more 1000 points till august....
     
  5. MANGONI

    MANGONI New Member

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    yes BANKNIFTY WILL DEFINITELY WILL SHOOT-UP TILL JAN END., UNLESS USD PLAYS A VITAL ROLE WITH INR & EURO CRISIS