28 May 2013

NIFTY OUTLOOK AND FUTURE TIPS FOR TOMORROW

Buy Hindalco future above 110 tg 112.90,115.40 sl 107.20
NIFTY OUTLOOK FOR TOMORROW
Nifty was up 99.60 points to 6,083.  The index hit a high of 6116 and a low of 6060 in intraday trade. Major gainers in the Nifty were Hero Motocorp , Jaiprakash Associates , BHEL , Coal India and Mahindra and Mahindra , up between 3 to 6 percent.....
The range between 6100 and 6120 is supposed to act as a supply zone as the Nifty took  out the 6100-levels today . In case, there is any profit taking led selling, we can anticipate good support between 6150  and 6170—the indications are that bullish to suggest that if at all any such dip happens to those levels the bulls would lap it up to make fresh purchases.

More about intraday tips on google +
 RESISTANCE:6120, 6150,6190
SUPPORT:     6090, 6040,6000


3 comments:

  1. This is very helpful, thanks!
    it makes me feel less crazy and control my trading activity

    ReplyDelete
  2. Thanks for sharing these tips. It seems one need to be more prepared when you have a planned trade.

    ReplyDelete