INTRADAY TIPS FOR OCTOBER 29-10-2012 MONDAY

SCRIP

ACTION

TRIGGER

TARGET 1

TARGET 2

STOPLOS

ALLCARGO

BUY

131.50

133.25

136.00

130.00

IDFC

BUY

157.00

158.50

160.60

155.50

Thursday, December 15, 2011

NIFTY LEVELS AND INTRADAY TREND FOR DECEMBER 15 - THURSDAY

 Nifty closed on a bearish note at4763 level. So today the first resistance for nifty is at 4785-90 level. Next resistance ranges are at 4811-15,4838-41,4854-57,4890-95,4908-14,4965-70,4987-92,5030-35,5055-60,5084-87,5098-02,5115-18,5130-35,5163-68,5198-02,5213-18,5238-43,5264-68,5284-87,5325-28levels. On downside first support is at 4740-35 level. Next supports are at 4715-11,4701-96,4677-72,4641-37,4610-05,4540-35 level.So today the main intraday hurdle is at 4842 level and on downside if nifty is below 4735 be alert and below 4711 bears will again regain strength

4 comments:

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  2. Great analysis as always, could you explain this with a graph?

    James @ trading deals

    ReplyDelete
  3. I am trying to learn TA, got any tips?

    ReplyDelete
  4. Great explanation, I am uneasy about going short though, very hard to predict short term market movements, and do not want to have short positions open for a long time, i prefer going long - here are some spread betting tips for the current market

    ReplyDelete