MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
Yesterday was the last day for F&O expiry and we saw heavy volatility in the market. Nifty end at 4916 level. Nifty is not giving close below 4900 level. Yesterday on last day of expiry nifty made very less volume. Yesterday Q4 GDP data showed very poor growth compare to last 9 years. After worst GDP data
declaration nifty has to go down but its looks like that market is confused and could not decide where to go. Now today nifty our market will open in gap down and may remain negative to noon. After noon session nifty may ends on +ve side or may end above 4900 level. If nifty clise below 4870 then exit from market and let market sustain.STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.
NIFTY FUTURE CHART
NIFTY DAILY CHART
INTRADAY NIFTY SUPPORT 4870 AND RESISTANCE 4930
NIFTY FUTURE(4916)
Buy above 4931 Target 4949-4964-4985 SL 4939
Sell below 4895 Target 4848-4830-4811 SL 4911
Buy above 4931 Target 4949-4964-4985 SL 4939
Sell below 4895 Target 4848-4830-4811 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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