Free Sureshot Intraday Trading Tips
INTRADAY NIFTY STOCK :
After the sharp move, last trading days some selling pressure was saw due to bad resulted by Infosys and resulted Nifty was slipped below5850. We may consider in medium term support 5750-5700 range and resistance 5950.. Successfully crossover will test 6100-6250, whereas the break and close below invite correction in the market and easily test 5550 mark. In this week consider resistance 5922-5960-6000, down side support 5716-5650-5600-5680. Break out of trading range will determine the further action.
TODAY: Yesterday Bse Sensex was open flat to positive and it was showing very volatile session in the market and give the movement on both side with strength. But on 2nd half it was in correction mode and close negatively. For today intraday trading support is 18964-18900 and resistance is 19179-19386.
CNX BANK NIFTY
TODAY: Bank Nifty opens flat too positively and it was showing very volatile session in the market and comes in corrective mode. Now the important level to watch out for intra working resistance 11675-11741 and support is 11401-11268. Below 11500 over all selling in the market.
Nifty Stock Future Closed : 5739
Today support : 5690-5705 range closely watch out and decisively break and stay with volume over all selling in the market.. .....below big down side open and may test 5500 mark in few sessions.
BSE index: (19091) 19254 & 19337 nearest & 19468 a solid resistance up to which selling on higher levels to continue, keep stop loss of 19468 to your shorts.
Downward side it'll fall down further to 19039, 18973 & 18879-18801 initially, consider 18801 a crucial support from where up surges not ruled out. In any worst scenario break below 18801 it'll heavily crash down to 18748, 18701 & thereafter to 18308.
Nifty April Future: (5736) 5792 & 5820 nearest & 5860 a solid resistance up to which selling on higher levels to continue, keep stop loss of 5870 to your shorts.
Downward side 5717 a nearest support break below which it'll fall down to 5686 & 5664-5653 initially, consider 5664-5653 a most crucial support where buying support will be seen.
In any worst scenario break below 5653 it'll crash down to 5623 & 5565.
TATA MOTORS: (1208) 1222 & 1230 nearest & 1244 a solid resistance up to which selling on higher levels to continue, keep stop loss of 1256 to your shorts. Expect 1190 & 1168.
AXIS Bank: (1395) Sell considering 1420-1425 a solid resistance keeping stop loss of 1442. Expect 1378, 1359-1353 & 1341.
INDUSIND Bank: (275) Sell considering 282 a solid resistance keeping stop loss of 287. Expect 261.
REL CAP: (592) Sell considering 602 & 607 solid resistances keeping stop loss of 617. Expect 584, 577 & 564.
ABG SHIP: (383) Sell considering 383 & 392 solid resistances keeping stop loss of 397. Expect 372 & 367.
TCS: (1150) 1168 & 1179 solid resistances. Expect 1136 & 1109.
REL INFRA: (674) Sell considering 683-687 & 697 solid resistance keeping stop loss of 710. Expect 654.
AXIS Bank: (1395) Sell considering 1420-1425 a solid resistance keeping stop loss of 1442. Expect 1378, 1359-1353 & 1341.
INDUSIND Bank: (275) Sell considering 282 a solid resistance keeping stop loss of 287. Expect 261.
REL CAP: (592) Sell considering 602 & 607 solid resistances keeping stop loss of 617. Expect 584, 577 & 564.
ABG SHIP: (383) Sell considering 383 & 392 solid resistances keeping stop loss of 397. Expect 372 & 367.
TCS: (1150) 1168 & 1179 solid resistances. Expect 1136 & 1109.
REL INFRA: (674) Sell considering 683-687 & 697 solid resistance keeping stop loss of 710. Expect 654.
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