5 April 2014

STILL EXPECTING UPTREND IN NIFTY

“Buy Ibrealest Future above 61 tgt 61.90/62.40 Sl  59.90
"Sell Rcom future below 129 tgt 127.40/125/50 Sl 131"
After making new high on Thursday market was following divergent trend on Friday...Friday market was suddenly dropped down in mid-session & at the end of the session Market tried to come again towards upward direction. investor  now expect the market to consolidate a bit even as the mood remains positive. 
Many still feel the Nifty could surpass 7000 before the election results in mid-May, amid intermittent corrections. They see every correction till the poll results as a buying opportunity.
For Monday we are expecting bullish trend will come again… bulls will regain there positions.. new target for nifty will be 6750-6770… at the other side if nifty Will slips down then 6700 will be proved as very good supporting level..
More about intraday tips on Google +
RESISTANCE: 6,750, 6,780, 6,810
SUPPORT:  6,720, 6,690, 6,660

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