Monday, September 3, 2012

Nifty and bank nifty levels.

Nifty on Monday

Today nifty traded in a tight range with negative bias and closed below the crucial support 5258 levels. Volume was low compared to previous trade. Market breath was negative with 16 advances and 34 declines. Fii’s were net sellers for 54.79 crores. Dii’s were net sellers for 160.7 crores.

Nifty on Tuesday

The 5240 levels will act as a support for Tuesday trade. Technically, as the volume was declined in previous trade we may expect buying in nifty. The 5258 levels will be a crucial resistant to be watched for Tuesday trade.
Buy above 5261 T1-5275, T2- 5288, T3-5303 stoploss-5243
Sell below 5243 T1-5228, T2-5216, T3-5197 stoploss-5258

Bank Nifty on Monday

Today banknifty traded in a tight range with negative bias and closed below the 10,000 levels. It tested the crucial support 9,950 levels. Volume was low compared to previous trade. Market breath was negative with 3 advances and 9 declines.

Bank Nifty on Tuesday

Technically, we may see an up move in banknifty tomorrow. However, trading with levels is suggested. The 9,950 levels will be a crucial level to be watched. The 10,040 levels will act as a strong resistant.
Buy above 9,970 T1-10,030, T2-10,085. T3-10,130 stoploss-9,940
Sell below 9,940 T1-9,880, T2-9,830, T3-9,770 stoplos-9,970

SUBSCRIPTION DETAILS.

NIFTY+BANK NIFTY+POSITIONAL CALLS+INTRADAY CALLS - 3000/= per month.
  • 2 – 4 calls per day
  • Nifty daily outlook will be given
  • Around 3 – 5 position calls will be given per month
  • Calls given through SMS
  • Contact on GTALK
  • Contact through mobile
  • Good attention all the time
  • WEEKLY market view & TRADING RANGE
  • we assure 70% - 80% ACCURACY
For subscription, drop your mobile number, name, city, e-mail ID and payment details in the comment box. For payment, I sms my bank account number.

For any queries:
Mobile no:  98848 70853 
E-Mail:        scsudha72@gmail.com scsudhakar72@gmail.com
Thanks for visiting!

No comments: