High volatility has been observing in Indian Stock Markets amid on Global Market Cues. This month is expected to be all the more volatile going ahead. The developments pertaining to Greece default and news flows from the US economy indicating the risk of recession or recovery thereof is going to influence the future trend of the market. On downside, 4,800 is a key trend decider level for the market. Below 4,800 level, panic selling is likely to lead to further downfall till 4,700 levels.
Showing posts with label Nifty Intraday Tips. Show all posts
Showing posts with label Nifty Intraday Tips. Show all posts
Monday, 3 October 2011
Thursday, 22 September 2011
Nifty Intraday Outlook For Tomorrow 23-Sept
It was a dreadful day for the Indian stock market which saw the biggest percentage fall for the Nifty since August 2009 and the biggest point fall for the Nifty since October 2008. Both benchmark indices witnessed panic sell-off amid the Global weakness and closed in blood red. Heavy volatility was seen in the market today.
On Nifty charts, we are observing that the index has breached the up-sloping trend line showing negativity, supported by the momentum oscillators RSI and Stochastic that have started moving downwards . For the coming session, if the major support of 4900 is broken then we can see 4870/4810/4770 as the supports. On higher levels, 4960 is the immediate resistance for it and any gains above these levels are likely to face stiff resistance at 5015/5070. Traders are advised to trade with strict stop-loss and in small quantities.
Wednesday, 14 September 2011
Nifty Intraday Outlook For Tomorrow 15-Sept
The Indian markets closed with substantial gains today after trading almost flat in the morning session. Nifty showed good strength from support near 4,900 levels and closed in green above 5,000 levels. Nifty is showing momentum strength and buying interest may be continuing above 5,030 levels. Market may take some clue for RBI policy which is to be announced on Friday therefore, volatility in second half of market is also expected to increase.
For intraday trading tomorrow, trend deciding level is at 5,030, if Nifty shows strength above 5,030 levels, then rally to 5,075-5,100-5,150 may be seen. On the other hand if Nifty does not show strength above 5,030 levels then selling pressure till 4,980-4,945-4,900 may also be seen.
For intraday trading tomorrow, trend deciding level is at 5,030, if Nifty shows strength above 5,030 levels, then rally to 5,075-5,100-5,150 may be seen. On the other hand if Nifty does not show strength above 5,030 levels then selling pressure till 4,980-4,945-4,900 may also be seen.
Monday, 5 September 2011
Stocks Intraday Tips For Tomorrow 06-Sept
Jaiprakash Associates Ltd. (First Two TGTs Hit)
Buy above 65 for target of Rs 66.15-66.90-67.70. with placing a stop loss of Rs 63.
Reliance Communications Ltd. (Call didn't execute)
Buy above 88.80 for target of Rs 90-91.20-92.35 with placing a stop loss of Rs 86.60
Mahindra & Mahindra Ltd. (All TGTs Hit)
Buy above 772 for target of Rs 780-786-791 with placing a stop loss of Rs 763.
.... more intraday tips will update soon... Till then Fill This form for Free Registration
Buy above 65 for target of Rs 66.15-66.90-67.70. with placing a stop loss of Rs 63.
Reliance Communications Ltd. (Call didn't execute)
Buy above 88.80 for target of Rs 90-91.20-92.35 with placing a stop loss of Rs 86.60
Mahindra & Mahindra Ltd. (All TGTs Hit)
Buy above 772 for target of Rs 780-786-791 with placing a stop loss of Rs 763.
.... more intraday tips will update soon... Till then Fill This form for Free Registration
Saturday, 3 September 2011
Intraday Stock Tips For Monday 05-Sept
Tata Steel Ltd.
Buy around 490-492 for target of Rs 497-500-504. with placing a stop loss of Rs 484.
Reliance Communications Ltd.
Buy above 85 for target of Rs 86.70-88-89-88.90 with placing a stop loss of Rs 82.80.
JSW Steel Ltd.
Buy above 725 for target of Rs 732-738-745 with placing a stop loss of Rs 715.
Sintex Industries Ltd.
Buy above 152.50 for target of Rs 155-157-158.80 with placing a stop loss of Rs 149.
Buy around 490-492 for target of Rs 497-500-504. with placing a stop loss of Rs 484.
Reliance Communications Ltd.
Buy above 85 for target of Rs 86.70-88-89-88.90 with placing a stop loss of Rs 82.80.
JSW Steel Ltd.
Buy above 725 for target of Rs 732-738-745 with placing a stop loss of Rs 715.
Sintex Industries Ltd.
Buy above 152.50 for target of Rs 155-157-158.80 with placing a stop loss of Rs 149.
Thursday, 1 September 2011
Intraday Tips For Tomorrow (02-Sept)
Reliance Power Ltd.
Buy above 85.25 for target of Rs 86.40-87.50-88.80 with placing a stop loss of Rs 83.60.
HCL Technologies Ltd.
Buy above 413 for target of Rs 417-421-424 with placing a stop loss of Rs 408.
Mundra Port & Special Economic Zone Ltd.
Buy above 153 for target of Rs 156-158-160 with placing a stop loss of Rs 149.75.
Buy above 85.25 for target of Rs 86.40-87.50-88.80 with placing a stop loss of Rs 83.60.
HCL Technologies Ltd.
Buy above 413 for target of Rs 417-421-424 with placing a stop loss of Rs 408.
Mundra Port & Special Economic Zone Ltd.
Buy above 153 for target of Rs 156-158-160 with placing a stop loss of Rs 149.75.
Tuesday, 23 August 2011
Nifty Trend For Tomorrow 24-August
It was another good day for Indian Stock Markts. Both benchmark Index (Nifty and Sensex) opened moderately gap up and closed with smart gains. Positive cues from Europe and Asia spurred on the markets today. The Bulls got activated and pulled the indices to make the high for the day at 4965.80.
On Daily Nifty charts, we are observing that the momentum indicator RSI has reversed from its oversold zone. For next intraday trading session, 4908 is the immediate support for Nifty and if this is broken, next support may be seen at 4870-4845. On higher levels, 4985 may act as the immediate resistance for Nifty and any trades above these levels are likely to face stiff resistance at 5025-5050.
On Daily Nifty charts, we are observing that the momentum indicator RSI has reversed from its oversold zone. For next intraday trading session, 4908 is the immediate support for Nifty and if this is broken, next support may be seen at 4870-4845. On higher levels, 4985 may act as the immediate resistance for Nifty and any trades above these levels are likely to face stiff resistance at 5025-5050.
Saturday, 20 August 2011
Nifty Intraday Outlook For Monday 22-Aug
It was dowdy week for Indian Stock Markets. Both benchmark indices were down 4.5% during the week. For the next week Indian market will depend on Global Markets.
Technically Nifty is oversold in its daily and weekly charts while monthly charts are showing some more downtrend. Next August F&O expiry is scheduled which will give some support to our markets. However 4,800-4,760 remains a crucial level of Nifty. For Nifty immediate resistance comes around 5,120 levels.
Ref : Nifty Trading Strategy
Technically Nifty is oversold in its daily and weekly charts while monthly charts are showing some more downtrend. Next August F&O expiry is scheduled which will give some support to our markets. However 4,800-4,760 remains a crucial level of Nifty. For Nifty immediate resistance comes around 5,120 levels.
Ref : Nifty Trading Strategy