23 August 2016

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 24 AUG 2016

DLF 145 PUT ROCKS FINAL TGT ACHIEVED
"BUY ITC FUTURE ABOVE 252.40 TGT 255.80/258.90 SL 248.85"
"BUY INDIACEM 142.50 CALL @ 1.30 TGT 1.90/2.70"
HINDUNILVR NOT EXECUTED YET
Market ended Tuesday's lackluster session on a flat note, Nifty managed to close above its crucial psychological level of 8600 on the back of renewed buying in IT shares after six days of losses. The Sensex ended 5 points higher at 27990 and Nifty jumped 3 points to shut shop at 8633. On Tuesday, the Sensex ended with a gain of mere five points at 27990. The Sensex opened at 28013 touched an intra-day high of 28029 and low of 27854. The Nifty closed with a gain of three points at 8632. The Nifty opened at 8628 hitting a high of 8639 and low of 8580.
After an initial decline to an intra-day low of 8,603, the contract took support at around 8,600 and bounced up. It has marked an intra-day high of 8,643 and is currently vacillating between positive and negative territory. The market breadth is biased towards declines. Traders with a short-term perspective should tread with caution as long as the contract moves sideways in the band between 8600 and 8645 levels.
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Supports: 8600 and 8550
Resistances: 8670 and 8750

2 comments:

  1. your calls are rocking as usual....!!!

    ReplyDelete
    Replies
    1. Thanks alot for ur appreciations sir.keep reading...

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