MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
On last week we told in our weekly news letter that if nifty close above 5119 then we may see 5232 to 5343 level and see in last week nifty closed at 5147. Today we will see our market will open in gap up near 5180 levels. Today most important event is RBI meet for rat cut. If RBI cuts the rates then we may more up side in the market. Specially bank stock, construction and infrastructure stocks will react on rate cut. We advise to all bears means who are in short position, if nifty close above 5185 then dont hold any short positions in your basket. Today’s closing will decide then further market trend. We are on bullish side as per current scenario of 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 5140 AND RESISTANCE 5185
Buy above 5186 Target 5199-5218-5232-5252 SL 5169
Sell below 5138 Target 5120-5104-5086 SL 5155
-Always Remember, put SL in your every trade.
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Head Research Department
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