Nifty Future Nifty
Stocks
Good Morning and Wish You a Happy Trading Session ….
Yesterday written about
India
VIX, elaborated
how market fall is related with this Index. Friday’s average was 12.6775,
Monday it increased to 13.3750 and down fall in the market go stronger, today it may touch 14.1445975,
melting |
On Monday FII net trade value -971.86
Cr., on Friday it was -510.66 Cr. And DII net trade value +216.29 Cr. At last
two trading sessions FII off loaded 1482.52 Cr.
Yesterday’s bad
stroke:
Yesterday at 09:21
am we have delivered a text call to our Clients to Buy Nifty Future
@11356 stop loses 11354.85 Target 11417.
Risk just 1.15 points
and Target 61 points. Although 61 points was not a big target, but it was
single target and against risk only 1.15 points.
At 09:47 am
Nifty Future made low 11354.05 and reverse straight to 11427.
To see the screen
shot of text server please click the picture ….
Failed |
Trading Tips
Intraday Nifty Future
Now what is going today?
This is clear that
correction has been started, from couple of days writing about the correction,
already written Market is at over bought condition.
Look at last 3 sessions
Nifty Future CORRECT 1.304%, from 11504 to 11354. And it correct
sharply, yesterday opening was gapping-down.
The down flow will be
continuing
now, at
bounce back is a god opportunity for go fresh short, till Nifty Future is below
11491. But don’t jump and
short, wait for a good resistance; keep in touch with our mentioned levels.
What is going to
be with Nifty Future today?
Nifty Future may face
1st hurdle at 11422, if open above 11372 and able to sustain above
the level. If cross 11429 then will run to touch 11490 sharply.
Below 11318.50 vital
support of the day is 11268.75, and keep in mind one thing that from any
support level a bounce back of 60 points to 75 points is quite natural, don’t BUY at lower level, this
tendency is very common among a large number
of individual investors.
Any bounce back of 5%
to 14% is quite natural when a heavy numerical figure is falling down, a ordinary
rubber ball jump 4 to 6 feet when it is fall from 10 feet high, we are talking
about Nifty Future, whose average volume is thousand Corer. Yesterday Nifty
Future turnover was 8,83,567.30 (lacs).
app |
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