Tuesday, September 5, 2017

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 6 SEP 2017

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Market recovered on Tuesday to end higher, led by financials such as HDFC, but broader sentiment was cautious amid lingering concerns about the escalating North Korea crisis. The Nifty future ended 0.4 8% higher at 9975, while the Sensex closed 0.34% higher at 31809.  Nifty future has opened at 9945 made a high of 9982 & low of 9915.
Nifty future still continues to trade comfortably in the upward rising channel where it has been trading over the past couple of months. There is no structural trigger that points towards any major movement on either side. The 10025 and 10055 levels will play out as likely resistance on Tuesday. Supports should come in at 9885 and 9855 levels. 
More about intraday tips on Google +
Resistance: 9995, 10025, 10055
Support: 9885, 9855, 9825

3 comments:

  1. Hiii..
    I have 2 lots of 24500 banknifty from 75. it is going down and tmr is expiry so now what I do..??
    Tell me..

    ReplyDelete
    Replies
    1. sir low risk call it is & pls trade in option hedging calls.

      Delete
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