"BUY SRF 3000 CALL @ 46 TGT 55/66"
TO GET OPTION CALL PUT TIPS FILL UP THE FORM GIVEN HERE>>>
TO GET OPTION CALL PUT TIPS FILL UP THE FORM GIVEN HERE>>>
Nifty ended Monday’s
session above 11900 mark lifted by tech stocks, in line with global stock
markets that were buoyed by a deal struck between the US and Mexico to avoid a
tariff war, and weak US jobs data that raised hopes of rate cuts by the Federal
Reserve. Nifty, which opened at 11934, rose to an intraday high of 11975 before
slipping below 11900. It hit an intraday low of 11871 before closing at 11922,
up 52 points from its previous close of 11870 on June 7.
Nifty is moving in a
narrow range and awaiting a breakout or a breakdown before traders could
initiate the next course of action. The crucial level on the downside to watch
is 11870 while on the upside 12110 will continue to be a crucial hurdle. Hence,
in the next trading session, if the said index slips below 11870 then
it will attract more selling pressure on intraday basis whereas a
close below 11830 will resume the downswing thereby threatening the recent low
of 11770, which will be eventually broken down to meet its logical targets of
11700 levels. A strong close above 12000 will breathe some life into
bulls.
More about intraday tips on Google +
Resistance: 12000, 12090
Support: 11900, 11830
No comments:
Post a Comment