Free Nifty Future Tips 3-7-09
Posted by marketcalls on July 3, 2009
NIFTY FUTURE CHART
NIFTY FUTURE
BUY ABOVE 4364 TARGET 4393-4440
SELL BELOW 4325 TARGET 4293-4273-4242-4155
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. DONT SHORT IN DEEP, AFTER MARKET OPENING, START TRADING AFTER HALF HOUR OF OPENING.
-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.
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. DONT SHORT IN DEEP, AFTER MARKET OPENING, START TRADING AFTER HALF HOUR OF OPENING.
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
