MARKETCALLS

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Free Nifty Future Tips 2-7-09

Posted by marketcalls on July 2, 2009

NIFTY FUTURE CHART

NIFTY FUTURE
BUY ABOVE 4349 TARGET 4371-4397-4440
SELL BELOW 4318
TARGET 4303-4288-4270

MARKETCALLS’ VIEW ON NIFTY FOR INTRADAY :
Market is in the consolidation mode. Due to budget expectation market was very volatile yesterday and till budget we are watching this type of volatility in the market. Nifty is having resistance of 4440 and 4494. above this you can create long positions. Nifty is having support at 4202.

MARKET WILL BE VERY VOLATILE, TRADE WITH SL ONLY. We are still on bull side for market above Nifty 4202 & 4050.


-Always Remember, put SL in your every trade.
-When 1st Target achieved book 50% profit and move your SL to entry (buy or sell) price, when 2nd target achieved book 25% profit and move your SL to 1st target price, then for remaining position just trail the SL.

Rupesh Yatesh Dalal

http://marketcalls-stock.blogspot.com

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