YESTERDAY CALL
VALECHAENG
This scrip hit the stop loss. Missed.
NIFTY TODAY
Today nifty traded in a tight range with negative bias. Volume was low. Nifty had a good support around 5301 levels and resisted around 5355 levels. It managed to close just below the crucial 5327 levels. FII’s were net buyers for 128.52 crores. DII’s too were net buyers for 252.87 crores. Market breath was negative.
NIFTY TOMORROW
For tomorrow’s trade 5301 levels should be watched carefully. FII’s buying increased and DII’s turned buyers are good news for tomorrow. The 5355 and 5383 levels are very significant levels for an upside move. In my perspective 5327 levels would be the crucial level for tomorrow trade. Let’s see how tomorrow trade pans out.
NIFTY TIPS
BUY ABOVE 5327 T1- 5355, T2 – 5383, T3 – 5427 STOPLOSS – 5314
SELL BELOW 5303 T1 – 5268 T2 – 5220, STOPLOSS – 5314.
FREE TIPS
VALECHAENG
Technically I still expect this stock to correct. To my knowledge we can sell this stock below 200 with strict stop loss 203 for a target of 175.
SELL BELOW 200 T1 – 175 and more STOPLOSS – 203.
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