Build your professional network on facebook via our app Go to app
 
<< Prev  5 of 5 in Topic 
Topic : Nifty Trading Tips For The Day
  Rate : 
Industry : Equity Research/Analytics Functional Area : Equities
Activity:  0 comments  695 views  last activity : 07 06 2010 20:18:04 +0000
Share
 
 
 

NIFTY FACING THE RESISTANCE CLOSE TO THE LEVEL OF 5300, AS WE HAD ALREADY MENTIONED IN OUR PREVIOUS REPORT THAT MARKET COULD STAY IN THE RANGE BELOW THE LEVEL OF 5300 & TRADERS NEED TO BE CAUTIOUS IN INITIATING THE LONG POSITION. IN THE NEXT TRADING SESSIONS WE COULD EXPECT SOME CORRECTION IN NIFTY FUTURE. THE INTRA DAY SUPPORT RANGE IS SEEMS TO BE AT THE LEVEL OF 5145 TO 5150. CLOSING BELOW COULD SLIP THE NIFTY TILL 5000 IN SHORT TERM. I RECOMMEND THAT FOR TOMORROW SESSION TRADERS COULD GO FOR SELL ON NIFTY FUTURE BELOW 5150 FOR THE TARGET OF 5020 TO 5025 WITH THE SL OF 5205

 

Ref- Nifty tips Blog

 
TrackBack URL:
0 comments on "Nifty Tomorrow Trend"
Add your comment on "Nifty Tomorrow Trend"

Rate:
Submit
A Global Executive Search Firm
Planning & Documentation Engineer
Dy.Mgr-Mgr (Project Mgmt MEP)
Sr Manager - QA
Viewers also viewed
We all know that the ways we are marketing have changed in the recent times than it was in the...
 
53 referals 9 votes, 6748 views
The increasing cost of construction rehabilitation, led by escalating raw materials and labour...
 
250 referals 10 votes, 2399 views
We all know that India has too many people and this is bad for our economic well-being . Mention...
 
608 referals 25 arguments, 4897 views
more...  
Recent Knowledge (73)
Why is using email marketing services sometimes a better option than direct mail? There are many...
 
0 referals 4 comments, 221 views
What is stopping you from getting what you want in life? Your friends? Your family? A sense that...
 
419 referals 20 comments, 493 views
Online DOCTOR- Informative too....     This site is very informative, which ever diseases you...
 
103 referals 10 comments, 237 views
more...  
More From Author
The markets ended the day in the red due to the persistent weakness on heavyweight counters such as Reliance Industries and ICICI Bank. The NSE benchmark index S P CNX Nifty, down -34.50 points or -0.59 % at 5833.90. The Nifty futures closed and...
Nifty still not crossing the key short term resistance zone of 5200 to 5220, closing above this resistance zone may consider as the indication of trend reversal we could expect more bounce from there. As per the current trend of Nifty future it...
more...