MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
Yesterday nifty broke previous weeks low of 5271 and made new low of 5263 but closed at 5279. After so many days nifty closed below 5300 level. One more day we have to wait on chart to confirm this correction. Today market may open flat and remain choppy to volatile. As today market my decide the short term trend. If nifty sustain above 5300 and close above then dont hold your short position. Above 5300 nifty may touch 5400 to 5500. On other side if nifty close below 5260 then market is going to enter in correction phase. So we recommend to book profit on your long positions.
- 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.
Buy above 5292 Target 5310-5327-5347 SL 5277
Sell below 5260 Target 5242-5223-5205 SL 5277
-Always Remember, put SL in your every trade.
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Head Research Department
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