MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
Yesterday we saw nifty was rising from the morning session and exactly it took resistance at 4955 and made high of 4954.75. Allmost three times nifty tried to break this level but could not break it and closed at 4942. It may called as reversal on chart if volumes were high. But looking lesser volumes today again our market will open in panic. Looks like a still worst is not over in our market. Only Rupee valuation can save market in current situation. If nifty close below 4848 with good volumes then dont hold long positions in the market remain neutral is good. Today we may see high volatility in the market, so safe trader sit in side still market is not in trading zone.
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 4848-4830 AND RESISTANCE 4897
NIFTY FUTURE(4942)
Buy above 4901 Target 4920-4939-4955 SL 4886
Sell below 4855 Target 4840-4823-4801 SL 4871
Buy above 4901 Target 4920-4939-4955 SL 4886
Sell below 4855 Target 4840-4823-4801 SL 4871
-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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