Buy Jpassociat future above 89.50 tg 91.70,92.90 sl 88.10
The bias of the Nifty movement, from the technical point of view, is still positive but upward momentum indicators have got a bit hinged signifying some tapering off. The bulls need to decisively push the Nifty beyond 5715 to show fresh upward movement while the bears must push the index down below 5660 to signal sustainable weakness. Only when we see the Nifty getting past 5740 we can expect fresh upswing taking place.
Sell Tatasteel future below 400 tg 394,388 sl 407.50
Buy Nifty 5800 call @65 tg 89,102 sl 52
NIFTY OUTLOOK FOR TOMORROW
It was another lack lustre
session for the market this week and the volumes too was less ahead of US event.There
is not much change in the outlook of the Nifty from what we said yesterday ....The bias of the Nifty movement, from the technical point of view, is still positive but upward momentum indicators have got a bit hinged signifying some tapering off. The bulls need to decisively push the Nifty beyond 5715 to show fresh upward movement while the bears must push the index down below 5660 to signal sustainable weakness. Only when we see the Nifty getting past 5740 we can expect fresh upswing taking place.
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RESISTANCE:5700 5720, 5750
SUPPORT :5680, 5650,
5630
nice blog.i m regular reader of it,this helps alot to me for planning about next day
ReplyDeletethanks rupal We try to post Nifty Tips as early as possible to help u plan
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