Yesterday’s SBIN
Call
Achieved 1st Target..!!!!!!
Nifty eked out
small gains in choppy trade. Today
was the expiry day for November series derivative contracts, market was range bound today. Nifty settled
below the psychological 8500 level having alternately moved above and below
that mark in intraday trade the nifty closed with marginal gains, up 18 points
at 8494. Nifty started at 8477 made a high of 8506 and low of 8456 total 50
points was moved by nifty throughout the day.
For tomorrow the range could be anywhere between 8490 and 8565 or it could just
be 8485 and 8407 thus, a range of 50 points to a maximum volatility of 75
points is all that they tend to anticipate in tomorrow’s session. The critical
levels that could act as a fulcrum for tomorrow will locate between 8490 and 8515.
What this implies tomorrow would not be strength above and weakness below but
that the epicenter of tomorrow’s Nifty swing could well be located in those
25-point zones.
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about intraday tips on Google +
RESISTANCE: 8520, 8550, 8580
SUPPORT: 8490, 8460, 8430
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