MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
On last Friday we saw that nifty remained on green side and again closed above 4900 level at 4918. But nifty could not cross 4951 level which is its main resistance level on closing basis. If nifty close above this for two days then nifty may touch 5081 to 5119 in coming days. This is the last week for F&O expiry. So we may see high volatility
in stock specific movement. We recommend for next four trading session trade very less with strict sl only. Also keep focus on Q4 GDP data which will announce on this Friday. Today our market will open flat and may remain highly volatile if nifty sustain above 4951 then hold long positions.STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.
NIFTY FUTURE CHART
NIFTY DAILY CHART
INTRADAY NIFTY SUPPORT 4895 AND RESISTANCE 4951
NIFTY FUTURE(4918)
Buy above 4954 Target 4970-4986-5005 SL 4939
Sell below 4893 Target 4879-4861-4845 SL 4911
Buy above 4954 Target 4970-4986-5005 SL 4939
Sell below 4893 Target 4879-4861-4845 SL 4911
-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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