Friday, July 19, 2013

Dear visitors,

If you want intraday trading levels, delivery levels for the stock you are trading, you can drop the scrip name in the comment box. I will provide the levels for those scrips.

If you have any suggestion relating to the trading ideas, levels given here please drop your suggestion in the comment box.

thanks for understanding.

Nifty Overview

For past one year Nifty is trading in sideways within the range of 1100 points. Come week crucial levels to be watched will be the 6135 and the 5840 levels. If nifty able to cross any of this level, we may expect a breakout accordingly. We may expect Nifty to move upwards due to corporate results. Technically, In my perspective, we may see selling pressure around 6135 levels. This 6135 level will the gateway for upside breakout in Nifty. Once it able to surpass this level, we may see New Year Highs in Nifty.

Nifty Intraday trading levels.

Nifty levels Monday

Global cues will lead the market on monday. The 5940 and 6040 levels will be crucial levels to be watched for Intraday Nifty trade. Technically, in my perspective, we may see selling pressure at every rise.

If Nifty opens positive then crucial Intraday level to be watched will be 6135 levels. We may see upmove above this level. Go long with strict stoploss as we may see selling pressure at higher levels.

If Nifty opens around 5900 levels or below 5900 levels, the 5840 level will be crucial level to be watched. Below this 5840 level we see sharp decline in Nifty.

Intraday trading tips-Nifty

Calls Target 1 Target 2 Target 3 stoploss
Buy at 6045 6065 6085 6111 6020
Sell at 6020 5985 5940 5900 6040

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