2 January 2017

NIFTY PREDICTION & FREE F & O CALLS FOR 3 JAN 2017

"SELL RELIANCE FUTURE BELOW 1085 TGT 1078/1069 SL 1097"

"BUY NIFTY FUTURE ABOVE 8207 TGT 8228/8259 SL 8177"
FOR FREE TRIAL CALLS FILL UP THE FORM GIVEN HERE>>>>>> 
The Indian stock markets open on a positive note but later pared gains to turn red on Monday. The Indian stock markets opened on a subdued note on the first trading day of 2017, with profit-booking after recent gains. The stock markets displayed subdued investor sentiment owing to profit booking and rupee depreciation. Indices were trading below their crucial 26500 (Sensex) and 8150 (Nifty) levels. The BSE Sensex ended with a loss of 31 points at 26595. The BSE Sensex opened at 26711 touched an intra-day high of 26721 and low of 26447. The NSE Nifty closed with a loss of a mere six points at 8180. The NSE Nifty opened at 8210 hitting a high of 8212 and low of 8134.
On the upside, the contract has significant resistances at 8250 and 8285 levels. A conclusive rally above the second resistance is needed to strengthen the bullish momentum and take the contract up to 8335 and 8375 in the same period. Therefore, traders with a short-term perspective should desist from trading in the NSE Nifty as long as it trades in the sideways band between 8210 and 8110.
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Supports: 8130 and 8050
Resistances: 8230 and 8300

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