Thursday, August 23, 2018

NIFTY PREDICTION & FREE NIFTY FUTURE TIPS FOR 24 AUG 2018

"BUY BATAINDIA 1080 CALL @ 13 TGT 19/21 SL 8"
"BUY DLF 215 CALL @ 3.10 TGT 4.4/ 5.90"
A new a day with a new high... The Sensex hit a new all-time high of 38487. The Nifty, on the other hand, touched its record high level of 11,620, but the trading session was range bound & closed the day on flat note even as Asian cues turned negative after us & china escalated tariffs on each other. The Nifty in fact went past 11600 mark 1st time ever. Nifty future has started the day from 11614 made a high of 11622 and low of 11553 & finally closed the day at 11597.
Supports are shifting higher gradually. The index formed a bearish candle on the daily scale, but it has been forming higher highs and higher lows from last four sessions. Nifty has been respecting to its rising support trend line and a hold above 11555 could extend its move towards 11650 and then 11700 levels, while its medium-term support has shifted higher to 11500 level. 
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Resistance: 11650, 11675, 11700
Support: 11550, 11525, 11500

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