Nifty Future Intraday Trading

Nifty Future Nifty Stocks

                                                         

Good Morning and Wish You a Happy Trading Session ….

Yesterday Nifty Future open with a new lifetime high 11447, but fail to hold the up move motion. This is quite common of 1 or 3 days correction or bounce back. Except this when ever a stock or an Indices is making new high then a chance of profit booking is quite possible.

New High

Top gainer of the day was Axis Bank, ICICI Bank,SBIN, Bhartiairtel etc. and among the top losers was Gail, Tatamotors Hindusthan Leaver, Titan. That showing a mix scenario of the market, keep in mind one thing amonth the losers all are heavy stock. That’s means presently retail investors are confused.

Intraday Trade of Nifty Future

Although yesterday Nifty Future made a new lifetime high, but failed to cross it and at first half made 1^st bottom at 11396 and the 2^nd was 11386.now what to expect from?

finding price

At opening if Nifty Future fail to cross 11431 then may take 1^st support at 11382, below this 11360 to 11357 will act as a crucial support zone, if reverse from day’s low and run to cross 11410.70 then just wait for 11431, after crossing it only  one hurdle is new high 11447 will run to touch 11484…11570…..


This Nifty Stocks going to Intraday
Reliance Industries Limited:

One of my all time favorite stocks, on 1^st August made 52 weeks high 1202.90.yesterdays high was 1196. it may run towards 1221 within 2 trading days. 

Bharat Petroleum Corporation Limited:

Yesterday’s high was 404, if cross today may run to 445 and above this 472 within couple of weeks.

Nifty Future Nifty Stock Trading

Nifty and Nifty Stock yesterday

Good Morning and Wish You a Happy Trading Session ….

For last two trading day’s market volume not supporting Index and Nifty Stocks to move a quite. Last tow day’s Nifty VIX was 12.7650 and 12.8, far below from last 11 day’s average 13.2867. Till VIX moving below 13.5 there will be clear direction.

Analytic

Yesterday most active underlying were (except BN and NF) Reliance, Maruti, SBIN, TATSTEEL…Etc. Today at 07:24 am SGX Nifty high was 11338.

 Nifty future going today

nifty future going to day

Nifty today will be open in flat, although Nifty Future melting from last two trading days, but the sine of sharp correction is till hazy. 

Reminder one this thing that every day we witnessing new highs, that means a healthy correct is forth coming.

At early morning if Nifty Future able to sustain above yesterday’s low 11274 then may face tough hurdle at 11325/11327/11329. 
If take a bounce back from day’s low then may rise up to 11393/11398.
Vital support may be 11244.A sharp correction of around 300 points is due…. But don’t’ jump and short, wait for exact top, be connected with our Blog.