3 August 2017

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 4 AUG 2017

Bears took the charge on dalal street on Thursday. In today’s trading session, index took resistance at the upper band of the channel as we witnessed some sort of profit booking after the RBI policy. The Nifty future opened at 10087 level, but profit booking dragged the index towards its day’s low and closed at 10038.
The overall market view is still positive as the nifty has a strong support near 10000-9950 level, and any dips near this level can be a good buying opportunity. I  believe that if index holds above 10030 levels then it has the potential to claim the targets of 10070-10115. I recommend every dip near 10000 can be used to make fresh long in the index with keeping stop out level below 9955 on a closing basis.
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Resistance: 10100, 10155, 10195
Support: 10025, 10000, 9550

2 comments:

  1. hellow...I have seen SBIN 295 Put.. it was great call.
    when will u update your next call..

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    Replies
    1. Thank you for ur appreciation sir. the calls given on the blog is not live market calls. i also provide live market calls to know more about it u can call or whatsapp me on 9039542248

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