Thursday, July 7, 2011

Intraday Share Trading

INTRADAY NIFTY TIPS : TODAY: Nifty open positively and it was showing range bound situation in the market and close flat too negatively. Because of flat closing there were no changes in support resistance. Now consider support we can see in Nifty is 5610-5570 and resistance we will see 5662-5710. Today Magic No. ... 5605

BSE : TODAY: BSE SENSEX open flat too positively and it was showing range bound situation in the market and close negatively. Now the consider support in Nifty 18694-18500 and resistance 18862-18938-19031. Today Magic No. 18662

BANK NIFTY:  Today: Yesterday Bank Nifty opens negatively and after it showing downside situation and close negatively. It was not able to cross previous day closing. Now the consider support in Bank Nifty 11239-11155 and resistance 11401-11503. Magic No. 11270 - hold target 11384 11425. 

Nifty Stock Future : Today it will face resistance 5666 crossover an d stay with volume... may test .....................? Lower level support 5617 thereafter... Time being top out and consider resistance Friday High 5702. - 100-150 down side if not close above last week high, above negated the views.

Now time to close watch
866 - decide your trading strategy.

Looks hot ...
Above 1000 we are bullish in FO Segment.

Big sell off - with strong volume
Avoid fresh buy...
Below 230 target 220-215.
Break 223 over all selling in this counter. 

Lower level strong support 225
Resistance 233-235 watch out 

Near to strong resistance 2400-2420
Break with volume.......?
Lower target...

Strong resistance + supply zone
605-610 - Bear will permit to cross ?

Today show strength
If sustained above 325

Overall trend bearish...
Below 1951 another round of
Weakness in this counter...

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