MARKET TREND FOR 19 APRIL 2012
Bulls have managed to take index
above 5300 today, it made a high of 5340. But index could not sustain itself
above the level of 5300 at the end of day i.e. dropped down and finally ended
at 5295.
The uptrend of market is going to
continue further . Nifty is likely to open above 5300 , it would be comfortable
situation for bulls while range 5330-5350 would still good enough.
Some supply pressure would be likely
at 5337 before the nifty tries to take out 5350. Major support area for nifty
would be between 5250-5270
BUY NIFTY MAY 5100 PUT @56 TG 86
NIFTY LEVELS FOR TOMORROW
RESISTANCE1
|
5325
|
SUPPORT1
|
5280
|
RESISTANCE2
|
5350
|
SUPPORT2
|
5260
|
RE SISTANCE3
|
5400
|
SUPPORT3
|
5225
|
i will buy nifty option call given by you and tell u what is outcome
ReplyDeleteNIFTY 5100 put option was good i made 15000 rs ...looking forward for more on nifty option tips
ReplyDelete