Nifty Intraday Tips

Good Evening and Wish You a Happy Trading Session Tomorrow ….

Key Support-Resistance level of Nifty Future

o   Vital resistance of the day is 11700.75;

o   If Nifty Future cross 11832 then may try to touch 11891.25:

o   If Nifty Future break today’s low 11604, then vital support may be 11490 or 11466.

o   Rally may extend up to 11914…

Nifty Trade View

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

If Nifty Future breaks Wednesday’s low (11533.60) then may take next support at 11475.

If Nifty Future able to open above 11572, and cross the hurdle 11581, then next vital resistance may be 11603—11648.

Today’s Overview:

Don’t go for positional long. Traders should enter only intraday trade with strict stop loss.

Vital resistance of Reliance (cash) is 1397

Nifty Future Intraday Trading

Nifty Future Nifty Stocks

                                                         

Good Morning and Wish You a Happy Trading Session ….

Yesterday top gainer of the day was ONGC, Reliance, Cipla,  FII/FPI buy quantity was 3973.77 Cr. And DII net bought was 3012.15 CR. Sensex move by 200 points and benchmark index closed at a new high, all thing is going to in favor of BULLs, BUT ……??? Be cautious at higher level.

be cautious

Intraday Trade of Nifty Future
On Wednesday Nifty Future opens at red, and within early session it made day’s low 10398.95, but actual direction was upside, the index every time made new high but failed to stay at top, and were beaten by bears repeatedly.
What to be today?
At opening if Nifty Future able to cross 11492.55 then will run to touch new high 11506---11517.55……

predicting stock price

Yesterday Nifty Future move was zig-zag, like spikes of a woodcutter. Made low 11398.95 after that made high 11463 made low 110442 after that made high 11474 and then come down with a confident mode to support level 11437again made new high 11476…..this type move is very tough for intraday trades.
And today from any high a intraday correction of 50 to 70 points may occurred, vital support of the day is 11450.88…..



Reliance Industries Limited:

Try to remember, on 7^th August have written about the Reliance Industries, and written about the high 1221

Reliance Industries 

“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. “


Yesterday Reliance Industries made high 1222.50, click the button to go to the page….