MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
Yesterday nifty opened then slowly slowly it was rising upto 4924. Nifty could not cross 4950 which is our resistnance leve since last 1 week. Yesterday nifty showed good support above 4900 level and also closed above 4900 at 4913. After morning session bulls gave strong support to nifty and nifty jumped above 4900 level. Also yesterday in last session Rupee also closed below 56 at 55.57 level. This is good sign for market. Nifty is having strong closing base support 4842 then 4803. If nifty closing below 4803 then dont hold any long positions. If nifty close above 4951 with volumes then hold positions for next day. Today is the last day of week and Next week is the last week for f&o expiry for current month. We may see high volatility today. Safe trader site in side is advisable.
PLEASE DONT SHORT AT OPENING TIME (ATLEAST FOR FIRST 30 MINUTES).
STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.
NIFTY FUTURE CHART
NIFTY DAILY CHART
INTRADAY NIFTY SUPPORT 4842-4803 AND RESISTANCE 4951
NIFTY FUTURE(4913)
Buy above 4954 Target 4970-4986-5005 SL 4937
Sell below 4880 Target 4862-4845-4822-4808 SL 4896
Buy above 4954 Target 4970-4986-5005 SL 4937
Sell below 4880 Target 4862-4845-4822-4808 SL 4896
-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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