23 January 2017

NIFTY PREDICTION & FREE NIFTY TIPS FOR 24 JAN 2017

FOR FREE TRIAL OF NIFTY FUTURE,STOCK FUTURE,OPTION FILL UP THE FORM GIVEN HERE>>>>>>
Market closed higher amid consolidation on the first day of expiry week as investors awaited Union Budget that scheduled to be announced next week. The markets opened moderately lower today after US President Donald Trump's inauguration speech but recovered immediately to trade higher for major part of the session. In a volatile trading session, market settled higher as bargain hunting lifted recently-hit stocks, though sentiment remained cautious ahead of the Union Budget 2017 next week on February 01. The Sensex was up 82 points to close at 27117. The Nifty gained 42 points at 8391 after hitting an intraday high of 8404 and 8327. With budget presentation only a week away, value-buying resurfaced, underpinned by expectations of announcements that could ease the impact of demonetization. However, a bit of volatility was also seen as near month derivatives expire a day early. It's an eventful week with the expiry as well as the Budget ahead; hence the markets do not expect relief from the volatility front.
On the flipside, resistance is seen at 8475 and 8550 levels, but the major hurdle is in the 8435-8465 region and till such time that this region is taken out, any rally may be considered as a pull back or of corrective in nature. Traders to continue with buy on dips approach while maintaining a balanced portfolio, considering strong support at 8250 in Nifty. 
More about intraday tips on Google +
Resistance: 8455, 8475, 8555
Support: 8330, 8280, 8250

2 comments:

  1. This is such good and very useful information you share here. It is really very nice for the people to knowing daily updates in Indian stock market which useful them to getting ideas to invest money.
    BEST STOCK FUTURE TIPS

    ReplyDelete
  2. anything about new settlement time period sir ,last circle from 10 to 25 jan saw only upmove ..but what next time settlement period??pls share EQUITY CASH CALLS

    ReplyDelete