24 July 2017

WILL NIFTY TOUCH 10,000 IN THIS WEEK ?????

Nifty missed making history by a whisker, falling short of the historical 10000-mark by barely 18 points at the day’s high.  Nifty see-saw between the level 9960 and 9980 & settled at a new record closing high of 9966 points. The sensex, which touched an all-time high of 32320 points today, settled at record closing high of 32245, up 217 points.
A key intraday support is at 9900. The contract will come under pressure only if it breaks below this support. Such a break can take it lower to 9,850 and 9800.But as long as the contract manages to sustain above 9950, there is a strong likelihood of it seeing a fresh rally to 9965 and 9980.Short-term traders can go long at every dip with Stop-loss can be placed at 9925 for the target of 9965/9980.
More about intraday tips on Google +
Resistance: 9955, 9965, 9985
Support: 9920, 9890, 9865

2 comments:

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