MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
Yesterday nifty opened in gap up above 5000 level but could not sustain in morning session and slipped down to 4981 level. Then at bottom bulls gave support to market and took nifty to new high at 5037 and nifty closed at 5029. Technically nifty remained flat in the end. On chart nifty could not show the strength on upper level. Yesterday RIL AGM could not gave boost to market. Today we may see nifty open in gap down. In nifty below 4974 we may see more panic in the market upto 4939. If nifty close below 4939 then remain neutral in market. Today market may remain choppy and may end flat or very negative.
- STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.
- KEEP SL IN SYSTEM NOT IN YOUR MIND.
- FIRST PLAN YOUR TRADE AND THEN TRADE YOUR PLAN.
NIFTY FUTURE CHART
INTRADAY NIFTY SUPPORT 4974-4939 AND RESISTANCE 5035
Buy above 5038 Target 5056-5077-5094 SL 5023
Sell below 4973 Target 4956-4939-4920 SL 4990
-Always Remember, put SL in your every trade.
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Head Research Department
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