TODAY’S PERFORMANCE
Today nifty hit the first target.
STOCK MARKET TODAY
Nifty traded in tight range in positive region. Today nifty closed above the psychological number 5000. Volume was rather low. FII’s were net buyers for 800-odd crores. Market breath was positive. I had expected a breakout today but that had not happened.
STOCK MARKET TREND FOR WEDNESDAY
Tomorrow FED’s interest rate announcement and Sep 24-25 G-20 meeting are the important events for which market is waiting, I feel so. News from these events will give a direction for the markets. One day is ahead for Sep contract expiry, I suggest visitors to keep on eye on 4940 – 4960 levels. Around 5030 – 5060 levels nifty has a strong resistant.
FREE INTRADAY TIPS FOR NIFTY
Technically in the price chart an up move pattern had formed. I suggest visitors to watch global cues for their intraday trade and trade with strict stop loss. Here I give levels for both buying and selling.
NIFTY LEVELS
BUY ABOVE - 5030
TARGET 1 - 5070
TARGET 2 - 5130
STOP LOSS - 5002
SELL BELOW - 4985
TARGET 1 - 4952
TARGET 2 - 4910
STOP LOSS - 5002
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