CALL GIVEN IN YESTERDAY'S POST
NIFTY 10600 CALL GIVEN YESTERDAY HAS ACHIEVED 1ST TGT CONTINUE TO HOLD FOR FINAL TGT 140 WITH REVISED SL 85
NIFTY TODAY
Bulls are back in action..!!!
Nifty advanced for a second straight day on Tuesday on reports that US
President Donald Trump and his Chinese counterpart Xi Jinping have agreed to
reach a mutually beneficial deal.
The domestic stock markets swung between gains and losses in Tuesday's
session after the US said it was likely to go ahead with a tariff hike on
Chinese goods. Investors are also cautious ahead of the expiry of futures and
options (F&O) contracts on Thursday. Sensex closed today trade 159
points higher at 35513 points. The NSE Nifty ended at 10685 points, up 57
points.
NIFTY TOMORROW
Levels around the 10725-10755
zone may now provide tough resistance to the index, while the 10550 level is
likely to act as a strong support. The index has broadly negated the
formation of lower highs and lower lows of last few weeks and closed above
multiple hurdles in the 10635 -10675 zone. The index needs to hold above 10675
to witness an upward move towards the 10750 mark. Downside support has shifted higher
to 10550 level from 10500.
More about intraday tips on Google +
Resistance: 10700,
10750
Support: 10550,
10500
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