24 January 2017

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 25 JAN 2017

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The Sensex surged over 250 points due to short-covering by speculators ahead of January monthly derivatives contract expiry due tomorrow. The Sensex ended higher by 258 points at 27375 and the Nifty closed up 84 points at 8475.
Nifty may open flat tomorrow.  Hourly Technical chart shows Nifty is in over sold zone and showing upward movement.  Daily technical chart or EOD chart shows negative sidewise and range movement for tomorrow. Nifty may face resistance near 8500 and may try to cross it. Closing above 8475, next level is 8555. Weekly chart showing bullish trend. Tomorrow is F&O expiry so we are expecting a volatile trading session. Watch out Nifty carefully tomorrow & also on Friday for pre budget rally indication. 
More about intraday tips on Google +
Support: 8485, 8362
Resistance: 8500, 8555

5 comments:

  1. just wanted to stop by and say good work...keep it up

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  2. any pre budget suggestion???

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    Replies
    1. plz read our 25 jan post.or for live market calls fill up the form given to ur right side.

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  3. Good blog, very useful content and information shared .you can also visit BEST STOCK FUTURE TIPS

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