2 April 2013

NIFTY TREND TODAY N TOMORROW

Buy Ster future above 95 tg 97.90,99.40 sl 93.20
Sell Bhartiartl future below 293 tg 290.40,288.60 sl 294.90
NIFTY OUTLOOK FOR TOMORROW
Nifty was up 43.70 points  to 5,748, its highest closing level since 18 March 2013. The index hit a high of 5,754  in intraday trade. The index hit a low of 5,687 in intraday trade. The index behaved as expected, the supply zone close to 5725 brought in supply pressure and it could not sustain at higher levels....
On the way up , apart from 5730 the first resistance level for the day, the range between 5740 and 5760 would act as a major supply zone. If it manages to get past that it could mean a test of the major resistance zone between 5770 and 5820, our eventual target for the current corrective pullback. However, we do not anticipate a rise to those levels without suffering hiccups in between.
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RESISTANCE:5740 5780, 5810
SUPPORT:     5720, 5700, 5780

2 comments:

  1. Hi Mantri Deepak,

    Your blog is very informative as far as Nifty market is concerned. And you share very good info with us, it’s very useful for every trader and investor especially intraday investors.

    Regards,
    http://www.dreamgains.com

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    1. Thanks sir for appretiation you can also check our other blog option trading tipsCheck option

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