MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
Yesterday as we told nifty traded with choppy in narrow range and in the end of day nifty cross 5100 level and nifty made high of 5120 and closed at 5110. Yesterday nifty consolidate to justify the previous days panic closing. Today market may open in gap up, but looking to technical analysis it is not reliable to buy at current level. Today keep your eyes on FED meet in US. Global markets are on +ve closing due to FED meeting expectations of some stimulus packages announcement. Today we may see high volatility in the market and after morning session may see more volatility and may market end -ve side also. so safe trader please sit in side market is in tradable zone.
- 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 5112-5086 AND RESISTANCE 5138
Buy above 5140 Target 5158-5176-5191 SL 5127
Sell below 5110 Target 5091-5069-5050-5033 SL 5127
-Always Remember, put SL in your every trade.
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Head Research Department
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