Intraday Trading
Technique Rationale:
"Share Market Tips"
Nifty seems to be dealing in a variety of 5700-5100 and we anticipate the variety to proceed for few more times from hereon. On the benefit, officially 5700 is a powerful level of resistance and we have also seen maximum OI in 5600 and 5700 contact alternatives for this expiration, whereas, 5200 is a powerful assistance as its near the 200 DMA and also it’s a factor where Effective retested its banner design..
Positional Pick
LICHSGFIN (LTP: 253.4) - BUY
For present-day business, lengthy place can be started only in Rs.251-246 variety for a focus on of Rs.274-284, with a ending centered stop-loss of Rs.236.
Intraday Picks
OPTOCIRCUIT (LTP: 273.6) - BUY
For present-day business, lengthy place can be started only above Rs.274 variety for a focus on of Rs.286-291, with a demanding stop-loss of Rs.271. Investors are recommended to prevent day whipsaw.
NTPC (LTP: 177) - BUY
For present-day business, lengthy place can be started only in Rs.176-174 variety for a focus on of Rs.182-185, with a demanding stop-loss of Rs.171. Investors are recommended to prevent day whipsaw.
"Share Market Tips"
Nifty seems to be dealing in a variety of 5700-5100 and we anticipate the variety to proceed for few more times from hereon. On the benefit, officially 5700 is a powerful level of resistance and we have also seen maximum OI in 5600 and 5700 contact alternatives for this expiration, whereas, 5200 is a powerful assistance as its near the 200 DMA and also it’s a factor where Effective retested its banner design..
Positional Pick
LICHSGFIN (LTP: 253.4) - BUY
For present-day business, lengthy place can be started only in Rs.251-246 variety for a focus on of Rs.274-284, with a ending centered stop-loss of Rs.236.
Intraday Picks
OPTOCIRCUIT (LTP: 273.6) - BUY
For present-day business, lengthy place can be started only above Rs.274 variety for a focus on of Rs.286-291, with a demanding stop-loss of Rs.271. Investors are recommended to prevent day whipsaw.
NTPC (LTP: 177) - BUY
For present-day business, lengthy place can be started only in Rs.176-174 variety for a focus on of Rs.182-185, with a demanding stop-loss of Rs.171. Investors are recommended to prevent day whipsaw.
