TODAY’S PERFORMANCE
Today nifty had hit the first and second target.
STOCK MARKET TODAY
Nifty able to close above the critical resistant 4828 levels but the volume was not impressive. FII’s were net buyers for 750-odd crores. Market breath was positive. Nifty managed to close near the 4900 levels which are encouraging. For past five sessions nifty was trading in tight range and that had come to an end today. Technically in the price chart an up move pattern had formed.
STOCK MARKET TREND FOR WEDNESSDAY
Again I suggest visitors to watch the global cues for their intraday trade. As today nifty had a breakout I feel tomorrow we may see an up move further but be cautious at higher levels, as nifty had not corrected that much today, while making new highs.
FREE INTRADAY TIPS FOR NIFTY
Technically in the price chart an up move pattern had formed and would global cues come positive then we may see nifty to create new highs. As volume was not impressive today I suggest visitors to be careful around 4940 – 4960 levels and trade with strict stop loss.
NIFTY LEVELS
BUY ABOVE - 4910
TARGET 1 - 4950
STOP LOSS - 4885

BUY ABOVE - 4960
TARGET 2 - 5002
STOP LOSS - 4940
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