Nifty Future: Good IIP data released after market hours, should cheer the market.. If market movesup then it could go to 7780 and on downside support exist at 7575. Stock Future: Buy Axis Bank above 1914 with Stop at 1900.. TGT 1938 – 1966 Buy Reliance above 1096 with Stop at 1085.. TGT 1113 –…
Nifty Future: Resistance around 7653 and crossover of 7667, will move to 7754 Support around 7639 and breaking 7633, will fall to 7584 – 7529 Stock Future: Short LT below 1710 with Stop at 1724. TGT 1687 – 1662 Short Reliance around 1111 with Stop at 1120. TGT 1074 – 1054 Good Luck !!
Nifty Future: Today, as long as 7627 is protected, NF could move towards 7740.. In Stock Future, Autos could do well and in Banking, Axis / PNB / SBI might continue to face pressure. Good Luck !!
Nifty Future: I doubt if market could moveup today and makes a sense if it corrects for couple of days. In case of meaningful correction, support could come around 7550. In stock Future, SBI could be a dampener today and will show strength only above yesterday’s high of 2765 and so too BPCL and Yes…
Nifty Future: Nifty Future continue to moveup and its headed towards 9050 in next few months. For this week, as long as 7505 is protected, no threat of sharper correction is visible. In Stock Future, State Bank of India could perform well and will moves towards 2950.. Hind petro is likely to surprise on upside…
Nifty Future: Yesterday market gyrated between two levels written yesterday and finally ended above 7485.. Going forward, it could face resistance between 7538 to 7560 and only a move beyond 7605, will open further targets on upside. In stock Future, Reliance Capital will continue to moveup with huge momentum so too Tata Steel.. On every…
Nifty Future: As long as Nifty Future doesn’t trade below 7380 for more than an hour’s time, there is no threat to uptrend.. Its web of 7380 – 7470, the market has to break this level for a strong move to that direction. Stock Future: Buy Maruti around 2377 with Stop at 2365. TGT 2405…
Nifty Future: Nifty continue to move ahead with lot of front line stocks supporting the upmove. For today’s trading support exists around 7395 and if it continues to trade below this level for few hours, will invite problem.. Yesterday it took support at 7348 the level which was given to Chat room members for taking…
Nifty Future: Yesterday was a sharp rise in Nifty future with Spread of around 140 points between high and Low of the day. Today being an event based day of RBI announcing its policy, market could turn very volatile and one should trade the market very carefully.. Having said that, initially on open it could…
Nifty Future: Nifty Future continue to be weak and selling could emerge at higher levels until 7300 is takenout decisively and there are visible support levels around 7200 and 7175. Market likely to take direction for this settlement after RBI unviels its policy tomorrow and lot of action can be seen thereafter in the market….