2 January 2014

NIFTY OUTLOOK FOR 03-01-14

Buy Tatamotors put @ 3.50 tg 4.90,5.50 sl 2.20
Buy Maruti future above 1792 tg 1805,1813 sl 1781
NIFTY OUTLOOK FOR TOMORROW
As we predicted nifty dropped till 6221 after starting above 6300 in the morning.It made a high of 6348 and a low of 6219 today.
It could not cross the 6320resistance level and closed near the day’s low. The bears had  a minor advantage in today’s session due to this formation.....
However, as we said yesterday, unless the Nifty either takes out 6330 or it breaks down below 6250, nothing really happens. Now tomorrow the level of 6280-6300 is to be monitored ,if bulls make nifty pull again above 6300 we can see  more upmove.
More about intraday tips on google +

RESISTANCE:6280,6300,6320

SUPPORT:  6250,6230,6200

10 comments:

  1. Sir 6250 has been decisively broken and also close was behind 6250

    ReplyDelete
  2. Extremely good, very useful and informative,Very good listing and everything is true. I would also like to have articles on indian stock market.

    ReplyDelete
  3. This is very helpful, thanks!
    it makes me feel less crazy and control for trading..

    ReplyDelete
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    ReplyDelete
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    ReplyDelete