24 May 2018

NIFTY OUTLOOK & FREE NIFTY FUTURE TIPS 25-05-18

FOR FREE NIFTY FUTURE STOCK FUTURE & OPTION TIPS FILL UP UR DETAILS HERE>>>
Market tried to recover the previous losses in Thursday’s trade. The Sensex stayed in the positive terrain throughout the session and hit a high of 34741 intra-day, before finishing at 34663 -- showing a sharp rise of 318 points. The gauge had lost 306 points in yesterday's trade. The Nifty scaled a high of 10535 before closing at 10513, up 83 points. Today's sharp rebound was bit of a surprise, especially after the Wednesday's fall and that caught bears completely off-guard. However, it's too early to call this bounce as reversal and thus advise waiting for confirmation before jumping into a trade. The markets have not been in the best of shapes in the last one week.
Friday’s market opening will be on a modestly positive mode. We may also see some technical pullback. But speaking on broad terms, we will continue to see consolidation persisting in the market with the previous session high acting as a major resistance.  Tomorrow trade is likely to see the levels of 10575 and 10625 acting as resistance. Supports are likely to come in at 10450 and 10375. 
More about intraday tips on Google +
Resistance: 10550, 10575, 10600
Support: 10475, 10450, 10425

No comments:

Post a Comment