MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
Yesterday our market took start with big jump. Yesterday nifty opened above 5100 and made new high of 5124. Yesterday after 3 hours of opening market suddenly S&P came to warn the India that India may loose its investment grade rating. On this announcement market reacted and made dive down to 5034 level. In the end nifty closed at 5052. We told yesterday that if nifty close above 5125 then only we may see good bull run in the market. But nifty high of 5124 then came down and could close above 5100 level. Today nifty is having support at 5020-5001. If nifty close below 5001 then if my show 4900 level in coming days. Today market may end flat or positive side. We recommend today trade only risky traders as we may see very high volatility in the market.
- 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 5020 AND RESISTANCE 5076
Buy above 5081 Target 5098-5119-5137 SL 5065
Sell below 5015 Target 5001-4982-4965 SL 5029
-Always Remember, put SL in your every trade.
-Read Disclaimer before following us.
Head Research Department
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