26 February 2013


Buy Nifty 5800 call @ 30 and Buy Nifty 5700 put @ 20 Book when either of them reach 70.
Nifty dropped 93  points to 5,761.35, led by heavy fall in oil & gas, capital goods, auto and banks. To expect a recovery, monitor the levels between 5860 and 5875—this is the key supply zone that might come in the way of any recovery nipping it in its bud. Any failure to cross this zone on a bounce back is best regarded as a sign of fresh wave selling waiting to happen. To see any serious recovery, we need to see the Nifty getting past 5900 ...

Going by cycle studies, we are not too hopeful for a sustainable rally even after a favorable Union Budget in the next few months. Thus, one should rather be very vigilant in protecting portfolio values and especially take special care for short and medium term long positions.

More about intraday tips on google +
For free nifty tips fill the form on the right  hand side ----->
RESISTANCE:5830 5860, 5880
SUPPORT:     5820, 5800, 5790

1 comment:

  1. Get Free Equity Tips, Cash Tips, Free Share Tips, Intraday Free Tips, Stock Intraday Tips, Trading Tips, Intraday Tips just click on Equity Trading Tips and Free Stock Market Tips
    For Free Trading Calls click Equity Trading Calls