17 January 2017

NIFTY PREDICTION & FREE NIFTY TIPS FOR 18 JAN 2017

Sensex ended with a loss of 53 points at 27,236. The Sensex opened at 27,332 touched an intra-day high of 27,381 and low of 27,179.The Nifty closed with a loss of 15 points at 8,398. The Nifty opened at 8,415 hitting a high of 8,441 and low of 8,378. The stock market erased morning gains and closed lower on Tuesday due to profit-booking in metal, oil & gas and PSU stocks. European markets, which opened lower also weighed on domestic shares.
Technically, Indian Stock Market is still in positive zone. BankNifty is stronger as of now and would remain strong until it holds 19000 levels on closing basis. Traders can hold long positions as of now in BankNifty. Nifty would face strong resistance near 8460-8500 levels. Once Nifty closes above 8500 levels, it can see levels of 8600-8750 in upcoming days. Market would see reversal once it closes below 18762 levels for BankNifty and 8351 levels for Nifty. Until then traders can hold long positions. Some profit booking can be seen but Market would not see big downfall due to Union Budget Expectations. The support for the Nifty is 8380-8351-8325-8300-8240 and the resistance to the up move is at 8430-8457-8500 levels.
UPCOMING RESULTS : STERLITE TECHNOLOGIES LTD, AXISBANK, YESBANK,MINDTREE, FEDERAL BANK LTD

4 comments:

  1. bravo!!! i was holding idfc 65 call as per your tip...booked it tday @ 1.5.thanks

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    Replies
    1. Thanks for ur appreciation sir. We do provide the paid services also. for more details plz provide ur mobile number or u may call on 08982086510

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  2. keep doing what you are doing!!!

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  3. madhulika jaiswal23 January 2017 at 09:44

    What if you do not know which direction a stock will move in, but you have the sense it will move dramatically one way or the other..OPTION TRADING TIPS

    ReplyDelete