Friday, July 8, 2011

Today nifty
Today nifty traded in a wide range with negative bias and closed below the 5700 levels. Volume remained as same as previous trade. Market breath was negative with 11 advances and 39 declines. FII’s were net buyers for 517.33 crores. DII’s were net sellers for 389.71 crores.
Nifty on Monday
Global cues will lead the market on Monday. As FII’s were net buyers we may expect an up move on Monday.
Free intraday tips for nifty
Buy above 5670 t1 – 5700, t2 – 5730, t3 – 5760 stop loss – 5650
Sell below 5650 t1 – 5620, t2 – 5590, t3 – 5560 stop loss – 5670

Today bank nifty
Today bank nifty traded in a rather wide range with negative bias and closed below the 11,300 levels. Volume remained as same as previous trade. Market breath was negative with 1 advance and 11 declines.
Bank nifty on Monday
The 11,300 level will be crucial level to be watched for Monday trade. Trading with strict stop loss is advised.
Free intraday tips for bank nifty
Buy above 11,320 t1 – 11,380, t2 – 11,440, t3 – 11,500 stop loss – 11,260
Sell below 11,260 t1 – 11,200, t2 – 11,140, t3 – 11,080 stop loss – 11,320

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• We assure 70% - 80% ACCURACY
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