Spot nifty shows some correction in this week

[trade.learner27]

Re: Nifty future sell @

Hi MitraJi

I have shorted one mini nifty at 5242...can I get that level soon and what should be my stretgy ?

Arun

 

[mitraji]

Daily nifty updates

Stock market is open week today and it will trade under pressure. Short sell is good for today in the market.

 

[mitraji]

Re: Daily nifty updates

Today nifty will find support at the level 5250-5275 and today the resistance will be seen 5330 and not more than that. The next resistance level would be 5350 but it is the strict level for today.

 

[mitraji]

Re: Daily nifty updates

Today it can be seen that nifty may consolidate between between the levels of 5290-5360.

 

[mitraji]

Re: Daily nifty updates

The resistance level for nifty at 5350-5375 and the support levels for nifty at 5290.

 

[mitraji]

Re: Nifty future sell @

Today the nifty market in India is in consolidation mode. Today the support level for nifty be at the level of 5280 and on the uptrend the nifty resistance for today can touch the level of 5400.

 

[mitraji]

Re: Nifty future sell @

Hi Arun
I think you can get that level soon...so all the best

 

[nifty]

Re: Nifty future sell @

Hi,

Yeah it seems nifty will break 5400 easily in coming days and then will touch 5550-5600 let's see.

Happy trading...

http://www.traderji.com/futures/42286-trading-nifty-future.html

 

[rajeabc]

Re: Nifty future sell @

IF you look at a bigger chart then might notice another pattern and that shows that NIFTY might come down to 5000-4900 level by July end. So be careful

 

[mitraji]

Market today

Today market is open with the positive note and continuously it is performing on the positive note. today the support level for nifty can be seen at the level of 5220 and the resistance level could be considered at the level of 5310. If the Nifty closes below 5250 then we can expect a downside and if it closes above 5370-5400 then we can see the uptrend on today's market. Market continues positive and good buying can be seen in oil& gas, financial, and realty.

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