MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
Yesterday RBI create havoc situation by keeping all rates unchanged. Market is expecting at-least CRR rate would be cut but its not happened and market plunged from top to bottom. Nifty plunged from 5175 to 5080 in just 10 minutes with very high volumes. Technically nifty made bearish signal which is called engulfing pattern to the down side. Now nifty is having
5025 is last support to hold bullish sentiment. We dont think that nifty will hold 5025. Today market will open flat and may remain choppy. If nifty close below 5025 then exit from long positions.- STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.
- KEEP SL IN SYSTEM NOT IN YOUR MIND.
- FIRST PLAN YOUR TRADE AND THEN TRADE YOUR PLAN.
NIFTY FUTURE CHART
INTRADAY NIFTY SUPPORT 5025 AND RESISTANCE 5099
NIFTY FUTURE(5058)
Buy above 5102 Target 5119-5135-5151 SL 5087
Sell below 5020 Target 5003-4986-4967-4949 SL 5039
Buy above 5102 Target 5119-5135-5151 SL 5087
Sell below 5020 Target 5003-4986-4967-4949 SL 5039
-Always Remember, put SL in your every trade.
-Read Disclaimer before following us.
-Read Disclaimer before following us.
Rupesh Yatesh Dalal
Head Research Department
Head Research Department
Website : www.marketcalls.net
Facebook : www.facebook.com/marketcalls.net
Twitter : @marketcallsnet
Yahoo Messenger : rupeshydalal@yahoo.com
Email : info@marketcalls.net
Facebook : www.facebook.com/marketcalls.net
Twitter : @marketcallsnet
Yahoo Messenger : rupeshydalal@yahoo.com
Email : info@marketcalls.net
Contact : (Ask, if you have any query)
