MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
Last Friday we saw that due to SBI result, SBI took market to upward and nifty closed at 4889. SBI results are better than expected and market sentiment changed and nifty bounce from new low of 4767. Except SBI and Nifty volumes were very low in all major stocks, so be cautious. If nifty sustain above 4949 then hold your long positions with strict trailing stoploss. Today we will see flat opening and then we may see high
volatility. If nifty close above 4949 for two days then we may see 5050 to 5161 levels in coming days. Read our weekly report for major weekly events and weekly buy and sell call.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 4858-4835 AND RESISTANCE 4949
NIFTY FUTURE(4889)
Buy above 4950 Target 4969-4985-5005 SL 4937
Sell below 4854 Target 4837-4820-4803 SL 4870
Buy above 4950 Target 4969-4985-5005 SL 4937
Sell below 4854 Target 4837-4820-4803 SL 4870
-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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