Thursday, August 12, 2010

Free Nifty Future Tips 12-08-10 From : www.marketcalls.net

MARKETCALLS' VIEW ON NIFTY (INTRADAY)

We wish you To Have A Superb Profitable Trading Day Today !!!

Technically yesterday chart made reversal pattern. No need to panic this correction only. Corrections are good for market. Yesterday as we showed in chart that Prices are rising and volumes are decreasing, due to this correction is expected. Today nifty support is 5357. If nifty closing below 5357 then it may touch 5329. Today we may see some profit booking in bottom and market may rebound. Today important event to watch IIP DATA IN NOON AND SBI RESULT. These events may set short trem trend for market.

STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.

NIFTY FUTURE CHART


INTRADAY NIFTY SUPPORT 5357 AND RESISTANCE 5436

NIFTY FUTURE(5412)
Buy above 5437 Target ????
SL ????
Sell below 5394 Target ???? SL ????

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Rupesh Yatesh Dalal
Head Research Team

www.marketcalls.net