TODAY’S PERFORMANCE
Today nifty hit the second and third target.
STOCK MARKET TODAY
Nifty closed above the psychological level 4800 with good volume but market breath was negative. Technically it was a tight range trade in positive side. Technically in the price chart up move blocking pattern had formed. Today nifty crossed another critical resistant 4828 levels but unable to close at or above this level.
STOCK MARKET TREND FOR WEDNESSDAY
Again global cues will lead the market. To my knowledge tomorrow we may not see that much up move in the nifty. Any negative global cues may trigger selling. I suggest visitors to keep an eye on the 4828 level for tomorrow trade.
FREE INTRADAY TIPS FOR NIFTY
Technically in the price chart an up move blocking pattern had formed. I suggest visitors to watch global cues and trade accordingly with strict stop loss. Here I give levels for both buying and selling. I suggest visitors to trail the stop loss and trade.
NIFTY
BUY ABOVE - 4828
TARGET 1 - 4853
TARGET 2 - 4870
TARGET 3 - 4900
STOP LOSS - 4810
SELL BELOW - 4810
TARGET 1 - 4780
TARGET 2 - 4740
TARGET 3 - 4703
STOP LOSS - 4828
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