MARKETCALLS' VIEW ON NIFTY (INTRADAY)
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Last Friday volumes are very less but nifty sustained above 5500level for constant two days. See attached chart for nifty price rise and volumes are decreasing. So keep sl in every trade is advisable. Dont panic. IF nifty close below 5493 then we advise to remain neutral in market. If nifty close above 5539 then hold nifty for short term. Above 5493 we dont see any panic.
STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.
NIFTY FUTURE CHART
INTRADAY NIFTY SUPPORT 5502-5469 AND RESISTANCE 5539
Last Friday volumes are very less but nifty sustained above 5500level for constant two days. See attached chart for nifty price rise and volumes are decreasing. So keep sl in every trade is advisable. Dont panic. IF nifty close below 5493 then we advise to remain neutral in market. If nifty close above 5539 then hold nifty for short term. Above 5493 we dont see any panic.
STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.
NIFTY FUTURE CHART
INTRADAY NIFTY SUPPORT 5502-5469 AND RESISTANCE 5539
Buy above 5539 Target ???? SL ????
Sell below 5493 Target ???? SL ????
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Rupesh Yatesh Dalal
Head Research Team
www.marketcalls.net
