MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
We wish you To Have A Superb Profitable Trading Day Today !!!
This is last week for F&O expiry, due to this market is showing very high volatility. Yesterday we told this and see what happened? Keep this in mind for this week. Between 5191 to 5090 remain neutral. We are telling since last week that market is not in trading zone. Today nifty is having resistance
at 5148-5191 and support at 5090. Yesterday we saw nifty remain flat for the day and in the last session suddenly of rupee appreciation nifty jumped and made high of 5141 and closed at 5125. Today keep focus on Rupee devaluation. Due to F&O expiry we may see stock specific movement in market. So trade less with strict sl only.- 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.
INTRADAY NIFTY SUPPORT 5090 AND RESISTANCE 5148-5191
NIFTY FUTURE(5125)
Buy above 5149 Target 5166-5182-5199 SL 5131
Sell below 5088 Target 5070-5051-5033 SL 5108
Buy above 5149 Target 5166-5182-5199 SL 5131
Sell below 5088 Target 5070-5051-5033 SL 5108
-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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