29 May 2013

NIFTY VIEW TODAY N TOMORROW

Buy Nifty 6200 call @ 68 tg 89,110 sl 39
NIFTY OUTLOOK FOR TOMORROW
The market has not been able to gather momentum even in the last trading hour of the day. The  Nifty slips 23  points to 6087 The highest point it touched was 6111 and lowest point was 6070 today. Immediately, we need to monitor the support between 6080 and 6060, and within that 6075 acting as a major support point.....
If this range is not taken out firmly by heavy selling and fresh large position building in the derivative segment, no major intraday weakness should be expected. Only on a fall below 6060, we need to watch out for a possible tilting of the scales. Even then 6050 and then 6030 might act as the next major support zone from where you may expect a strong bounce back, if at all such levels were to come.

More about intraday tips on google +
 RESISTANCE:6060, 6080,6100

SUPPORT:     6040, 6020,6000

6 comments:

  1. nice blog. I am learning stock market trading. this blog is useful for me.

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  2. Fantastic post Deepak! Love your tips for pre and post trade .I was searching for such a good nifty blog.

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  3. Nice tips ! one can certainly help get you through a good trade. i regularly read and follow your blog.thank you

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    1. Thanks for reading our blog regularlyCheck option

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