MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
Yesterday on event of FED meet result our markets traded very flat and nifty closed at 5122. Since last two days we are telling that market is not in tradable zone, today still we are telling same. Market is confused and cant decide the trend. On Tuesday after RBI meet market was crashed and from that day market is waiting for some trigger to take action. On chart nifty is having good support at 5033. If nifty close below this level then dont hold any long positions. On other end if nifty close above 5140 then if may touch 5191 to 5232 in coming time. We recommend to safe trader please sit in side. Let market decide its path.
- 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 5095-5033 AND RESISTANCE 5140
Buy above 5145 Target 5160-5179-5197 SL 5131
Sell below 5091 Target 5070-5051-5030-5012 SL 5110
-Always Remember, put SL in your every trade.
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Head Research Department
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