Sell Bank Nifty future below
12290 tg 12250,12200,12160 sl 12340
The calls given of WIPRO
AND HDIL achieved all targets!!!!!!
NIFTY OUTLOOK FOR TOMORROW
Nifty end-of-day chart,
you will find quite a bit of fresh weakness despite its lead sector—the
Banks—is showing some signs of a recovery. Even then our understanding is that
unless Nifty moving below 5920 decisively
we aren’t going to see any big fall This is the most critical level to watch
out for on the downside as the first line of significant support. The breakdown
of the level of 5921 has to be on the back of large position building in the
derivative segment and high volume activity in the cash segment....
Now, while we
are betting on a recovery, we need to first ascertain a level above which the
index must stay to signal that some recovery can happen this level for the day
is at 5950. Once we see the index staying above this level, we can expect a
rise towards the next critical supply area between 5980 and 6020- Even then the
confirmation that we need for the recovery swing continuing would be had only
when the Nifty crosses 6050 and closes there. Please keep one thing in mind: any rally now would be just a counter swing within the powerful short term downtrend the indications are stronger that the downswing would eventually resume
More about intraday
tips on google +
RESISTANCE:5940, 5960,5980
SUPPORT: 5920,
5900,5880
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ReplyDeleteYour blog is very informative; and you share very good info with us, it’s very useful for every trader and investor especially intraday investors. Today Nifty is trading on a positive note, so any figure can you give about today's closing level. It would be really appreciated.
Regards,
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DeleteLoving these reminders for healthy and happy trade deepak. The whole thing about having a neat and low risk high return trade
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DeleteToday most accurate trend for bank nifty
ReplyDeleteRES1:11735 RES2:11970 SUPP1:11390
SUPP2:11255 STRATEGY- BUY ON DIPS
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