6 June 2013


Buy ICICI BANK 1200 call @ 18 tg  26,37 sl 10.50
There was not a good start of the day, nifty managed to gain pace once again crossed and sustained  5900  and ended at 5926 today.In case, you see any recovery monitor the level 5940 acting as the first line of resistance....
However, so long as the levels from 5960 through 5980 are taken out firmly we can’t expect any real strength surfacing. The bulls would, however, be out of the woods as of today only if they can pull the Nifty beyond major supply zone between 6000 and 6020. Thus, all rallies  should better be considered as a pullback attempt within the downtrend.

More about intraday tips on google +
 RESISTANCE:5960, 5980,6000

SUPPORT:     5940, 5920,5900


  1. Reliance has lined up Rs 1.5 lakh cr capex to be spent in its various business verticals in the next three years, of which 85 % would be in oil, gas and petchem businesses, RIL in the firm's 39th annual general meeting. The company has submitted a development plan for KG-D6 R-Series and is targeting development of over 4 trillion cubic feet of recoverable resources.

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  2. European stocks turned broadly lower, despite the release of positive German data, as markets were jittery ahead of a highly anticipated U.S. employment report due later in the day.

  3. I think this article is really helpful especially for someone like me. I read the whole article and I printed it for reference for later on.

  4. Great post. I was checking constantly this blog and I am impressed! about the way you have written this blog post and nifty outlook for today n tomorrow

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  6. Thanks for the ideas..always have a tough time trying to keep a good and healthy trade.your nifty view is very good n accurate

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  9. Awesome thank you so much! I am also like you – love to trade but don t try myself. Although I do enjoy a it but just watching not trading . But now I am willing to follow these tips next time