26 September 2013

NIFTY OUTLOOK FOR TOMORROW

Buy HDIL 35 put @ 2.50 tg 4.70,6.90 sl 1.25
Buy Nifty 6100 call @90 tg 130,150 sl 68
The call of Reliance given in last  post achieved first target,contd.. to hold for second target.
NIFTY OUTLOOK FOR TOMORROW
Nifty rose 8.40 points  to 5,882. its highest closing level since 24 September 2013. The index hit a high of 5,917 in intraday trade. The index hit a low of 5,864 in intraday trade. The most critical levels acting as the gate for a real recovery are located between 5890 and 5910—once this is decisively cleared by the Nifty with a lot of buying support and fresh position building in the next month derivative segment, we would see some real attempt at a recovery ...
The range between 5860 and 5840 would act as the initial demand zone for the Nifty—only when it falls again below on high volume selling you could expect to see the index going down to test 5818 through 5800 support area.
More about intraday tips on google +
RESISTANCE:5880, 5910,5950
SUPPORT:     5860, 5820,5790


2 comments:

  1. This post is really useful to all the traders and investors on Indian stock market. I appreciate the effort kept by the author for publishing this post.

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  2. I’m not trading now while but I will definately keep this post in due some reasons mind for my next trade

    ReplyDelete