MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
On last Firday we saw that worst IIP data took market down side. Last Firday nifty closed at 4931, looking to chart nifty is in bearish mood. It is having strong support at 4868 on closing basis. If nifty close below this lvel then we may see more panic in the nifty upto 4800 to 4600 in coming days. Today keep focus on Inflation data and on result of L&T & SBI. Today market may open flat, but it looks very hard to remain in positive side. If above mentioned events shows good results then nifty may turn back to green. Today we may see high volatility
in the market. On closing level nifty support at 4885 and resistanance at 4975.
PLEASE DONT SHORT AT CURRENT TIME.
STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.
NIFTY FUTURE CHART
NIFTY DAILY CHART
INTRADAY NIFTY SUPPORT 4885 AND RESISTANCE 4975
NIFTY FUTURE(4931)
Buy above 4979 Target 4996-5015-5032 SL 4966
Sell below 4882 Target 4875-4857-4841 SL 4903
Buy above 4979 Target 4996-5015-5032 SL 4966
Sell below 4882 Target 4875-4857-4841 SL 4903
-Always Remember, put SL in your every trade.
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Rupesh Yatesh Dalal
Head Research Department
Head Research Department
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