Buy Nifty future above 5640 tg 5670,5700,5720
sl 5610
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SBI strategy given in post ,made a cumulative high of 100 today.
NIFTY OUTLOOK FOR TOMORROW
The
index took support around 5640 for last two
consecutive days but has broken the support range between 5635 and
5620. Nifty fell 67
points to close below 5600 level at 5597 despite positive European cues.
The RBI
reduced cash reserve ratio the portion of deposits that banks are
mandated to keep with RBI - by 25 basis points to 4.25.....
The market has been
anticipating a rate cut and the negative sentiment is likely to pull the Nifty
lower in the next few sessions.In the unlikely event of a total disappointment
from the RBI front, the index is likely to test and probably pierce through the
major support between 5600 and 5580and eventually test 5560. more about intraday tips on google +
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RESISTANCE:5610 5640, 5670
SUPPORT :5610, 5590,
5560
will the market come back to 5700 in this month... i am holding 5700 ce of this month . or shall sell it.
ReplyDeleteWhat is your buy price sir
Delete89 rs
Deletek sir there is no point in exiting now there is good chance that it can reach upto 60-65 there u can make an exit
ReplyDeleteAs 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.
ReplyDeleteThanks for your interest in nifty trading tips. For Call Put Tips u can Check option
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