NIFTY TODAY
Today nifty traded in a tight range and closed below the open level. For past 6 trading session nifty finds hard to surpass the 5383 levels. Today nifty had taken good support around 5327 levels and around 5355 levels there was a strong resistance. Volume was very low. FII’s buying had significantly came down. They were net buyers for only 14.41 crores! This should not be overlooked! DII’s were net sellers for 192.64 crores.
NIFTY TOMORROW
For tomorrow’s trade, infosys results should be considered. As FII’s buying had reduced considerably, 5355 and 5375 levels should be watched carefully for any long positions. 5340 would be significant level for tomorrow trade. Would nifty stay below 5340 or could not able to stay above this level wait and watch for the direction and then trade. Major support lays around 5301 levels. Let’s see what happens tomorrow.
NIFTY TIPS
BUY ABOVE 5355 T1 – 5383, T2 – 5427 STOPLOSS – 5336
SELL BELOW 5327 T1- 5290 T2 – 5268 STOPLOSS - 5340

FREE TIPS
VALECHAENG
Technically in the price chart a weak pattern had formed. We can sell this stock below 184 with strict stop loss 188 for a target of 175 and more.
SELL BELOW 184 T1 – 175 STRICT STOPLOSS – 188.
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