7 March 2014

BULLISH MOMENTUM WILL CONTINUE ON 10-03-14

Tatamotors 430 call given yesterday  achieved first target and made a high of 8.10.
NIFTY OUTLOOK FOR TOMORROW 
Pre election rally pushed nifty future above 6500 today. Momentum continues! For the first time in its history, the Nifty has closed above the 6500-mark.  Today we saw  a new all-time high of 6562. The 6300, 6300 and 6400 strike Nifty March put options have added a huge 4 million units in open interest (OI)—this constitutes roughly 40% of the total OI for these contracts....
This displays a sign of over confidence amongst the bulls.Bulls in action showing positive signs in coming trading sessions. Nifty future level of 6520-6550 is to be monitored for Monday. New week nifty may make the new high cross 6600.
More about intraday tips on google +
RESISTANCE:6480, 6520,6550

SUPPORT:     6460, 6420,6400

3 comments:

  1. Such great tips, thanks for it…

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  2. 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…

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  3. This is such a good and very useful information you share here. It is really very nice for the people to knowing daily updates in Indian stock market which useful them to getting ideas to invest money Check option

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