11 July 2018

NIFTY PREDICTION & FREE NIFTY TIPS FOR 12 JULY 2018

TATAELXI FUTURE CALL ON FIREEEE !!!
BUY GIVEN FROM 1385 IN 9 JULY POST 
ACHIEVED FINAL TGT 1399 & MADE A HIGH OF 1418
PROFIT @ 1ST  TGT = 5600
PROFIT @ 2ND TGT= 11200
TOTAL PROFIT =  16800
FOR NIFTY FUTURE

More about intraday tips on Google +
Resistance: 10975, 11000, 11025
Support: 10875, 10850, 10825

FOR BANKNIFTY

More about intraday tips on Google +
Resistance: 26800, 26875, 26955
Support: 26700, 26650, 26600

After 2 days run, bulls were in relaxing mood on Wednesday. Today nifty closed on flat note. Nifty future has started from 10936 made a high of 10967 and low of 10918 & finally closed at 10938, total 49 points nifty future has moved in intraday. While banknifty future has opened at 26870 made a high of 26888 and low 26733 & finally closed at 26781,total 155 points banknifty has moved in intraday. Global cues were weak and market remained skittish in response to various comments by US President Trump, who is currently on the first leg of his European trip.After a smart up move, some consolidation cannot be ruled out in the coming sessions. Key domestic macro events like May IIP, June CPI inflation data and corporate earnings season will provide further direction to the markets in the near term.  Nifty has given a breakout, and heading towards the significant level of 11,000 and the sentiment along with the bias has been maintained positive. Bank Nifty, too has reached near the 27000 landmark which when breached would bring about a fresh breakout and we may see further fresh development. However, the support for the day is seen at 10875 while the resistance would be at 11000 levels. For banknifty future the support zone will be 26700 & resistance will be at 26900. The progress of monsoon, movement of crude oil prices and global developments will continue to be monitored by the market participants. The rising trade tensions between US & China could induce high volatility across the indices globally. Traders should avoid risky leveraged positions.



No comments:

Post a Comment