The Sensex rallied over 200 points in trade on Wednesday to surpass the level of 27000. Nifty index also managed
to reclaim the level of 8050, supported by gains in
realty, IT, FMCG and auto stocks. Today nifty opened at 8077 made a high
of 8097 and low of 8052 and closed at 8090, total 42 points was moved by nifty throughout
the day.
Market may remain volatile tomorrow also.The near month October 2014 derivatives
contract will expire by Tomorrow.In all likelihood, we are
going to see a gap up opening in tomorrow’s session also, and there the Nifty
could just open above 8075 level aided by the
Showing posts with label nifty tips tips for today. Show all posts
Showing posts with label nifty tips tips for today. Show all posts
Wednesday, October 29, 2014
Saturday, September 14, 2013
NIFTY OUTLOOK FOR MONDAY
Sell Tatasteel future below 300 tg 293,284 sl 308
Buy JPpower future above 17 tg 17.90,18.70 sl 16.20
NIFTY OUTLOOK FOR TOMORROW
Chances are that we might see the corrective swing continuing
in Monday’s session. We need to keep a watch over the levels of 5840 through
5830 range as initial support and then comes of 5815. However, so long as the level of 5780
is not broken the bulls can always stage a bounce back. One thing needs to be
kept in mind that this is the first course correction and it can always go down
and test levels between 5750 and 5725 for the Nifty. On the upside, unless the
Nifty can cross the range between 5890 and 5910
SUPPORT: 5840, 5780,5750
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