14 August 2013

NIFTY TRADING TIPS FOR 16 AUG 2013

It was indeed a case of being positively surprised by the Nifty movement. We must admit we were not expecting this kind of a rally at all. Period Nifty made a high of 5750 and a low of 5697 today. The sustained buying campaign after the initial fall to the Nifty level of 5579 was just too good. Then index  a gave a reversal signal  by  close above the 5700-mark at the end...

On the way up, above the 5700-mark, its targets cum resistance levels are at 5740 and 5780 for the day. Unless the Nifty falls and closes below 5640-5660 critical support area, the bulls would retain the ability to push things higher again on Friday, Aug 16, when the market opens after the Independence Day holiday.

RESISTANCE:5740, 5780,5800

SUPPORT:     5720, 5700,5680

7 comments:

  1. I have seen many blogger but your blogging skills are quiet different and unique.really like your blog .at research via we provides Nifty Tips

    ReplyDelete
  2. I realy appreciate your blog posting in design. Great post with profitable tips for every trader and investors. I suggest to all you should watch daily this blog.

    If you want to more services and calls fill this free trial form....


    click here

    ReplyDelete
  3. If you are Looking Trading calls then you have landed right place now.please read this blog daily.
    Fill the contact form below and get daily trading calls

    nifty option chart

    ReplyDelete

  4. Awesome thank you so much! I am also like and love to trade in nifty .your nifty blog is helpful for having knowledge about nifty related articles.

    ReplyDelete
  5. I appreciate by this blog posting. Thanks for gave us profitable services and calls.
    For more updates and great tips please watch this blog daily.

    If you want to more profitable tips please click here........

    click here

    ReplyDelete
  6. Today IT index was higher, Nifty 2 major it stocks hit 52 week high today- HCL Tech hit 1050.0 while the TCS hit 2069.0......... more live updates FREE STOCK TIPS and NIFTY TRADING TIPS

    ReplyDelete
  7. MCX Crude Oil down tracking NYMEX, Natural Gas sideways to bullish.

    Nifty Tips

    ReplyDelete