Market Outlook for 4th October, 2013

Nifty Future:

What a Move in Nifty Yesterday !! It was really awesome to trade in a day like this, when market was in trend  One way .. As written by me earlier here, Nifty Future for October month settlement also has hit Gann angle of 5935. For the last 11 consequetive settlement, Nifty keeps testing this 5935 religiously.

For today’s trading, 5898 is going to be crucial and if bulls can defend this, then market will have highest close.

In stocks, Century Textiles and Tata Motors are looking good for Swing trading.

Trade Well and Good Luck !!