15 October 2013

NIFTY TIPS FOR 17-10-13

Buy Tatasteel 325 call @5 tg 7.90,10.50 sl 3.20
Sell DLF future below 153 tg 151.40,149.80 sl 155.75
 NIFTY OUTLOOK FOR TOMORROW
As we have predicted nifty started from 6147 but  bulls couldnot make it push above 6200.The high it made of  6154 and low of 6064 today....

Going by the resistance levels of the here, if it were to open here at the same level  Nifty would meet with a strong resistance at 6150  right at the opening. However, since the market has ignored—at least for the time being—the inflation data, we can take it as a bullish sign. Now, if we see the index opening close to the 6200-mark then we need to closely watch the levels of 6190 and 6150 this range of is going to be very critical for sustaining above this range would only signal possibilities of negotiating with the strong supply zone between 6200 and 6300.
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RESISTANCE:6130, 6170,6200

SUPPORT:     6090, 6080,6060

2 comments:

  1. I really appreciate your post and you explain each and every point very well. Today indian stock market trade in green Intraday Trading Tips and Free Nifty Calls

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  2. These are such great tips Deepak Especially for the one about being prepared for trade .This nifty outlook is very useful for new traders.

    ReplyDelete