Tuesday, March 11, 2014

VOLATILE TRADING SESSION WITNESSED BY NIFTY

As we have predicted level 6550 gave a  good support.  Nifty started at 6575 and marched till 6587 in morning session ,but couldnot sustain the uptrend throughout the day. Nifty fell till 6522 in late trade and again recovered to settle at 6545. The index continues to scale up though with much less momentum compared to last trading session ...
Now, it has established a support area between the 6500-mark and 6480—this would be the initial support zone. On the way up, the small zone between 6550 and 6580 would be the first supply zone once it gets past the 6550-mark. Other higher targets are 6580, 6590 In case of any profit taking, unless it stays below 6480, there is no need to worry as such.
More about intraday tips on google +
RESISTANCE:6560, 6580,6600

SUPPORT:     6540, 6520,6500
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4 comments:

  1. animesh bahetiMarch 12, 2014 at 9:48 AM

    These are great tips, and I love your honesty, keep it up

    ReplyDelete
  2. amit sharmaMarch 12, 2014 at 9:50 AM

    Thanks so much for this timely post

    ReplyDelete
  3. vinod sharmaMarch 12, 2014 at 9:51 AM

    Thanks for the helpful post. In two weeks we are trading in profit

    ReplyDelete
  4. mrinal dubeyMarch 25, 2014 at 6:08 PM

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    ReplyDelete

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