Yesterday in Nifty range bound situation it closes falt. The next important level to watch out for tomorrow intraday trading the Nifty support level would be 5621-5586, while the resistance level would be 5693-5730. Over all market is down ward trend and not to hurry buy side.
This is time to patient and wait for buying opportunity to come. On the other hand tightening norms by RBI like interest rate hike already discounted and reflected in the price. As a professional trader can go short but investors can wait till the buying opportunity arises, presently market is not for now. Hold 5600 target 5760-5840 in coming days.
Over all trend is bearish and finally it has broken Head and Shoulder pattern, thereafter Neckline support which indicate that in coming days it will test 5500,5300-5100.
After the range bound situation and closed flat too positively. The next important level to watch out for tomorrow intraday trading in BSE support would be 18768-18654, while the resistance would be19008-19133 . Hold yesterday low bounce back likely.
After some volatile and some strength in BANK NIFTY closed flat to positive. The next important level to watch out for tomorrow intraday share trading in BANK NIFTY support would be 10372-10274, while the resistance would be 10570-10670. Hold 10250 corrective rally likely and may terst 10750-10900 in near term. Strong support range 10250 to 10400.
Overall trend is down once it was broken successfully 11000 and 10850......Above chart are suggested that more down side in coming days and first target is 9887, thereafter may test 9000-8500. Best way to avoid all banking stocks....
As expected once again delivered a excellent result with 9.4 percent growth in profit after tax. Revenues were in line with expectation. Consider yesterday low your support level and buy.. crossover ...............? Sharp move ...can not be ruled out.
No comments:
Post a Comment