Free Nifty Future Tips 1-7-09
Published on Wednesday, July 1st, 2009 at 9:15 AMAuthor: rupeshydalal (403 Articles)
NIFTY FUTURE CHART
NIFTY FUTURE
BUY ABOVE 4328 TARGET 4349-4371-4397
SELL BELOW 4286 TARGET 4261-4242-4218-4202
MARKETCALLS’ VIEW ON NIFTY FOR INTRADAY :
As we told yesterday 4440 is the resistance for nifty. See yesterday high was 4440. Now nifty is having good and strong support of 4202 on closing basis. Today we advise dont trade for first one hour in market, let nifty decide its trend then start trading. Today if nifty sustain above 4371 then also you can create intraday long positions.
-Always Remember, put SL in your every trade.
-When 1st Target achieved book 50% profit and move your SL to entry (buy or sell) price, when 2nd target achieved book 25% profit and move your SL to 1st target price, then for remaining position just trail the SL.
As we told yesterday 4440 is the resistance for nifty. See yesterday high was 4440. Now nifty is having good and strong support of 4202 on closing basis. Today we advise dont trade for first one hour in market, let nifty decide its trend then start trading. Today if nifty sustain above 4371 then also you can create intraday long positions.
MARKET WILL BE VERY VOLATILE, TRADE WITH SL ONLY. We are still on bull side for market above Nifty 4202 & 4050.
-Always Remember, put SL in your every trade.
-When 1st Target achieved book 50% profit and move your SL to entry (buy or sell) price, when 2nd target achieved book 25% profit and move your SL to 1st target price, then for remaining position just trail the SL.
Rupesh Yatesh Dalal
http://marketcalls-stock.blogspot.com
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