Saturday, August 31, 2013

NIFTY OUTLOOK FOR MONDAY

Buy Petronet future above 124 tg 126.50,129.50 sl 121

 HINDZINC future call given in last [post achieved all TGTs!!!!!!!!!

 NIFTY OUTLOOK FOR TOMORROW
The market has shown a strong pullback on the upside getting past even the 5400-mark for the Nifty. It did cross the 5360-mark decisively in yesterday’s session to give us some confidence of the rally continuing further Nifty made a high of 5476 and low of 5368.
In  such a situation, we ought to monitor the range between 5450 and 5490 very closely since staying above this range the initial supply range we would get the confirmation that the bullish gumption shown over the last two sessions does still have some headroom left to push the market further up...
In any case, we need to watch out for the support area between 5370 and 5400 in case the index starts trading lower than 5350-mark for the lower support range getting broken firmly on sustained selling would signal the end of this pullback corrective swing and the downtrend resuming.
RESISTANCE:5450, 5480,5500

SUPPORT:     5440, 5380,5350
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15 comments:

  1. Rahul DixitSeptember 2, 2013 at 10:49 AM

    Nifty Targets Today Resistance 5534, 5561, 5599

    ReplyDelete
  2. pallaviSeptember 5, 2013 at 11:37 AM

    These are great tips, and I love your honesty, keep it up

    ReplyDelete
  3. pallaviSeptember 5, 2013 at 11:46 AM

    Thanks for the great tips for beating the market. I guess my problem was not keeping enough stoploss in nifty. I will definitely keep it…

    ReplyDelete
    Replies
    1. NIFTY TRADING TIPSSeptember 5, 2013 at 5:13 PM

      Thanks pallavi. you can also read our other blog Check option

      Delete
    2. NIFTY TRADING TIPSSeptember 5, 2013 at 5:23 PM

      Thanks pallavi. you can also read our other blog Check option

      Delete
  4. sheenaSeptember 5, 2013 at 11:48 AM

    OMG whatever u say,but market is very volatile

    ReplyDelete
    Replies
    1. NIFTY TRADING TIPSSeptember 5, 2013 at 5:20 PM

      thanks but we are the best even if the market is volatile Check option

      Delete
    2. NIFTY TRADING TIPSSeptember 5, 2013 at 5:23 PM

      thanks but we are the best even if the market is volatile Check option

      Delete
    3. NIFTY TRADING TIPSSeptember 5, 2013 at 5:23 PM

      thanks but we are the best even if the market is volatile Check option

      Delete
  5. sheenaSeptember 5, 2013 at 11:49 AM

    Dear Deepak,
    Thanks for the helpful post. In two weeks we are trading in profit

    ReplyDelete

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