FOR FREE NIFTY/FUTURE/OPTION TIPS FILL UP THE FORM HERE>>>>>
Week has started on positive note, taking cues from its Asian peers. Markets witnessed a breather today and gained nearly a percent, taking pause after the recent decline. Nifty opened gap-up, tracking firm global cues but profit taking at higher levels capped upside. Meanwhile, participants were busy in bargain hunting and almost all the sectoral contributed in today's market move. The Sensex ended at 34300, up 295 points while the index settled at 10540, up 85 points. The nifty future has opened at 10519 made a high of 10559 and low of 10482 and closed at 10543 total 77 points nifty future has moved in intraday. Indian equity market will remain closed on Tuesday on account of Maha Shivratri.
We feel global cues will continue to dominate our market trend, in absence of any major event. Nifty may some bounce or consolidate further however sustainability at higher level seems difficult. Traders should use further recovery to reduce existing longs and creating fresh shorts. PSU banks are still weakest while others are seeing mixed trend. The Nifty is likely to see the 10570 and 10600 levels playing out as immediate resistance area on Wednesday, supports are expected at 10470 and 10435 levels.
Week has started on positive note, taking cues from its Asian peers. Markets witnessed a breather today and gained nearly a percent, taking pause after the recent decline. Nifty opened gap-up, tracking firm global cues but profit taking at higher levels capped upside. Meanwhile, participants were busy in bargain hunting and almost all the sectoral contributed in today's market move. The Sensex ended at 34300, up 295 points while the index settled at 10540, up 85 points. The nifty future has opened at 10519 made a high of 10559 and low of 10482 and closed at 10543 total 77 points nifty future has moved in intraday. Indian equity market will remain closed on Tuesday on account of Maha Shivratri.
We feel global cues will continue to dominate our market trend, in absence of any major event. Nifty may some bounce or consolidate further however sustainability at higher level seems difficult. Traders should use further recovery to reduce existing longs and creating fresh shorts. PSU banks are still weakest while others are seeing mixed trend. The Nifty is likely to see the 10570 and 10600 levels playing out as immediate resistance area on Wednesday, supports are expected at 10470 and 10435 levels.
More about intraday tips on Google +
Resistance: 10570, 10600,
10630
Support: 10470,
10435, 10400
TO GET BEST STOCK FUTURE CALLS VISIT EQUITY FUTURE CALLS
ReplyDeleteTO GET BEST STOCK CASH CALLS EQUITY CASH CALLS OR OR WHATS UP ME ON 09039542248
ReplyDeleteTO GET BEST STOCK COMMODITY CALLS COMMODITY TRADING TIPS
ReplyDeleteTO GET NIFTY FUTURE TIPS VISIT BEST NIFTY & BANKNIFTY TRADING TIPS OR OR WHATS UP ME ON 09039542248
ReplyDeleteYou people are doing a great job for all traders. The content of these blogs is very attractive & helpful Very valuable n inspiring for all beginner investors Nice article. keep posting such blogs.
ReplyDeletelive stock market tips intraday free | Intraday stock tips
I have gone through many blogs and Your blog is the best Great article, Thanks for your great information, the content is quiet interesting great work.
ReplyDeleteIntraday stock tips | MCX trading tips