Nifty Future: From the chart pattern and analysis, it appears Nifty soon will crash by 350 to 450 points. Trade cautiously on longside of the market. Today its an event based and market will move depending on RBI’s Credit Policy. Resistance around 5916 and crossover of 5929, will move to 5995 – 6010 Support around…
Nifty Future: Resistance around 5951 and crossover of 5969, it will move to 6000 – 6050 Support around 5913 and breaking 5907, it will fall to 5865 – 5815 Stock Future: Short Infy below 2928 with Stop at 2946. TGT 2900 – 2878 Short Rel Infra around 374 with Stop at 379. TGT 364 –…
Nifty Future: Resistance around 6015 and crossover of 6033, it will move to 6065 – 6115 Support around 5977 and breaking 5971, it will fall to 5930 – 5880 Stock Future: Buy Maruti above 1403 with Stop below 1391. TGT 1423 – 1447 Short SBI at 1821 with Stop at 1836. TGT 1798 – 1770…
Nifty future: Likely area of support around 5935 and emphatic trading below this level could push the index to sub 5900. On upside, maximum it could move to 6070 Stock Future: IT stocks could face selling pressure and FMCG stocks can moveup.. Banking stocks will bounce from day’s lower level on short covering. Right tools…
Nifty Future: Yesterday late evening, RBI has comeout with further measures to tighten the liquidity for curtailing volatility of INR. Nifty will open with gap down and can drift closer to 6000 levels.. If selling continues below this level, there could be sell off in market.. The saviour in today’s weak market could be IT…
Nifty Future: Resistance around 6060 and crossover of 6067, it will move to 6110 – 6140 Support around 6004 and breaking 5998, it will fall to 5955 – 5905 Stock Future: Buy Jubl Food around 1180 with Stop at 1168. TGT 1216 – 1250 Short Maruti below 1457 with Stop at 1470. TGT 1418 Good…
Market has become stable since 17th July, 2013 after huge rattling due to wild currency movement. Ever since the beginning of this settlement, market is haunted by statements from Ben Bernanke of windingup of stimulus. This had wide repercussion on world financial markets, and USD strengthened against all major currencies of the world. Lets hope…
Nifty Future: For the day it will be crucially placed when it nears 6100 and it has covered all the losses it made when rupee hit all time low of over Rs.61. As a trader one needs right level to trade in market, else he will be wipedout from market. The conventional technicals work only…
Nifty Future: Resistance around 5983 and crossover of 5995, it will move to 6037 – 6087 Support around 5937 and breaking 5931, it will fall to 5905- 5842 Stock Future: If market sentiment is good ACC could moveup and if its bad SBI will crack. Good Luck!!
Nifty Future: We will see Huge Gap down opening of market due to RBI steps to shore up INR This yesterday’s late evening announcement will pinch corporates borrowings due to higher rate of interest.. Will Nifty take support around 5900 or its going to be free fall ? Dr reddy might shed some gains it…