SELL NIFTY FUTURE BELOW 5670 TG 5640,5610,5580
RESISTANCE:5690, 5710, 5740
BUY RELIANCE FUTURE ABOVE 840 TG 854 869 SL 831
The calls given in last
post ROCKS!!!!!!, the future calls of JPASSOCIAT and PETRONET achieved all targets,
where as option call of IDFC reached almost first target.
NIFTY OUTLOOK FOR TOMORROW
The Nifty has been the best performing index in last week The weekly chart shows a breakout
above the critical 5630-mark. Unless the index decisively falls once again
below this level on closing price basis for at least two consecutive sessions,
we can expect the current upward momentum to continue....
The range between 5690 and 5720 would be very critical, this is the supply zone that the bulls would have to overcome. There is every possibility of fresh profit booking . The range of 60 points between 5680 and 5740 for the Nifty is unlikely to be crossed so easily even if on intraday basis you see it going above the zone. We suggest booking profits on short term positions if you get the Nifty between the above range.
The range between 5690 and 5720 would be very critical, this is the supply zone that the bulls would have to overcome. There is every possibility of fresh profit booking . The range of 60 points between 5680 and 5740 for the Nifty is unlikely to be crossed so easily even if on intraday basis you see it going above the zone. We suggest booking profits on short term positions if you get the Nifty between the above range.
RESISTANCE:5690, 5710, 5740
As per Federal bank technical research report one should go short in
ReplyDeletethis counter. Federal bank is looking quite weak at current level and is expected to
fall further. Positional traders can go short in Federal bank from current level for
good gains.
As per Federal bank technical research report one should go short in this counter. Federal bank is looking quite weak at current level and is expected to fall further. Positional traders can go short in Federal bank from current level for good gains.
ReplyDeleteAs per Federal bank technical research report one should go short in this
ReplyDeletecounter. Federal bank is looking quite weak at current level and is expected to fall
further. Positional traders can go short in Federal bank from current level for good
gains.
Thanks..You can also Check option
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