Nifty Future: Buying could be avoided for timebeing, till clarity of trend emerges from top two leaders of market – Reliance Industries and State Bank of India. Both have huge bearing on Index movement. Till such time, keep utilising the Shorting opportunity in Index. Look at the chart of Nifty Future given below. Not a…
Nifty Future: I reiterate 4887 is support level and breaking 4869, will invite huge selling to 4800 – 4785 Resistance around 4965 and crossover of 4972 will take to 5000 – 5020 Stock Future: (For Swing Trade) Short Tata Motors around 715 with SL at 727. TGT 670 – 655 Best wishes Happy Trading C…
Nifty Future: Support around 4887 and break of 4869, market will collapse to 4800 – 4750 Resistance around 4995 and crossover of 5015 could push the index to 5080 Stock Future: Reliance capital breaking 630, short on pullback around 645 with SL at 656. TGT 580. Best wishes Happy Trading C T Ramesh Raja
Positional short can be initiated around 1040 with SL at 1074 on closing basis. ( 14th May low 1072 with 2 rupees filter).
Nifty Future: Support around 5045. Break of 5028, will invite selling pressure and index might go down to 4970 – 4940 – 4885 Resistance around 5101. Crossover of 5121, hectic short covering can push the market to 5170 – 5210 Stock Future: Short Aban around 785 with SL at 796. TGT 760 – 745 –…
Nifty Future: Resistance around 5108. Crossover of 5114 will lead to 5160 Support around 5010. Break of 4990 could plunge the Index to 4890 Stock Future: Buy Jindal steel around 643 with SL at 639. TGT 665 Buy Mcdowells around 1215 with SL at 1200. TGT 1255 – 1265 Buy National Aluminium around 398 with…
Close above 399 could negate this Weakness