Tuesday, 20 May 2014
Nifty futures ended on a
flate note with a new closing high on Tuesday. Nifty future closing to
record closing high, managing a fourth consecutive session of gains
Nifty futures closed at 7300 with a high of 7347. Nifty for next trading
session would have the resistance of 7350 if it breaks this level than
having the next resistance of 7465 and in down side having the support
of 7260 if it breaks this level than having the next support of 7215.
Pivot level:
S3 7143
S2 7224
S1 7262
PIVOT 7305
R1 7343
R2 7385
R3 7466Trading Strategy:
BUY ON DIPS.
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