1 March 2017

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 2 MARCH 2017

"SELL TATAMOTORS FUTURE BELOW 449 TG 447.5/444.8 SL 452"
"BUY NIFTY 8900 PUT ABOVE 100 TG 124/144 SL 76"
Bulls won the Wednesday...!!! bulls were able to win the task and took the driver seat over a better-than-expected Q3 GDP data and positive manufacturing data which also boosted market sentiment. The Sensex reclaimed its crucial 29,000-mark touching 29029 and the Nifty ruled at 8960 level in intra-day trade. The Sensex ended the day at 28984; up 241 points while the Nifty closed at 8945 ; 66 points higher.
The rally to continue in current month, though there may be intermittent consolidation. Markets would now look towards Friday's US non-farm payrolls which should shape rate hike expectations but assembly election results due next week could lend a bit of caution. If Nifty decisively breaks 8980 on upside then 9000 level will be a tough barrier for the bulls to cross.
More about intraday tips on Google +
Resistance: 8975, 9000, 9025
Support: 8800, 8775, 8750

2 comments:

  1. Taking a cue from global markets, the S&P BSE Sensex on Thursday rallied over 100 points to hit fresh 52-week high. Sensex which had closed at 28,984.49 points, opened higher at 29,117.38 points.
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  2. this site is very usefull for beginners trading ..great content you shared here .keep it up .thankx

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