7 April 2014

NIFTY OUTLOOK FOR 09-04-14

Iberealest future call rocks, achieved both the targets!!!!!!!! and R com  Acheieved first target.
NIFTY FUTURE OUTLOOK FOR TOMORROW
Nifty future was down   to 6,737. The index hit a low of 6,696 and a high of 6,769in intraday trade. A lack luster movement was witnessed today. It looks like a correction has already set in but one can’t be too sure since so long as the Nifty does not breach the 6650-mark, the bulls can again push it up.....
First, let us be sure that the market is likely to tank further else a solo performance in shorting the market could well prove to be disastrous for the trader. Unless the index quickly regains ground and stays above the critical zone between 672o and 6740 levels, it is likely to fall further. However, there is quite a good buying support that is likely to come in between 6750 and 6770. Nifty may cross  6800 and sustain this level on 9-04-14.

More about intraday tips on Google +
RESISTANCE: 6,740, 6,770, 6,800

SUPPORT:  6,720, 6,700, 6,680

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