MARKETCALLS' VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
Yesterday due to Bharat Bandh market remained flat and range bound with very lest volumes. 1st quater results will come. As we told market is stuck in minor down trend, technically never trade in this position, let nifty break up or down side of this channel then do trade is advisable.(see the chart below) Still we say market is in "No Trading Zone" please sit in side and remain neutral. Today if nifty close below 5204 then exit from all long positions. Nifty Resistance at 5285-5323.
STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.
NIFTY FUTURE CHART
INTRADAY NIFTY SUPPORT 5204 AND RESISTANCE 5285-5323
NIFTY FUTURE(5249)
Buy above 5287 Target ???? SL ????
Sell below 5222 Target ???? SL ????
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Rupesh Yatesh Dalal
Head Research Team
www.marketcalls.net
