Nifty Trend :09/04/2015

NIFTY:

The Indian share market maintained its upper trend for the fourth consecutive session on Wednesday with the Nifty crosses 8700 level. The broader markets also moved in tandem with benchmarks. Positive global cues and banks passing on rate cuts to system boosted sentiment today. The 30-share BSE Sensex jumped 191.16 points to 28707.75 and the 50-share NSE Nifty rallied 54.10 points to 8714.40 supported by technology.

The Indian equity market may open in Green as SGX nifty is trading in Green at 8797 at 8.23 hrs with 31 point up.

Intraday Target:(09/04/2015):

BUY:

If nifty crosses the 8720.70 level or open above it will go further in upper. So please buy one lot of Nifty future once nifty equity crosses 8720.70 level .First target for today is 8751. Our exit target for today is 8767.
Nifty lot size is 25.














Sell:

You can short Nifty future when NIFTY equity crosses 8689.61.Hence Short the NIFTY one lot future at this level. My first target for sell NIFTY is 8658.56. And when it reaches 8650.81 levels please exit from this trade. And please maintain the stop loss which is mentioned in below diagram.