Showing posts with label nifty outlook. Show all posts
Showing posts with label nifty outlook. Show all posts

nifty tips for 7th dec, nifty intraday for 7th dec, nifty levels for 7th Dec


After the consolidate day for stock market nifty was closed in red position. It closed at 5,039.15 with the loss of 11.00. Today Nifty touch the intraday level of 5105.1 but after that it fall back to 5000's levels. Now market facing a real pressour after crossing level of 5000. Our research report says that it will touch the 5200 level soon. So nifty is looking bullion for the next trading session.


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Nifty at its best, Today nifty moved 104.80 points upside and made a intraday high of 5023.35, at the end of the session it closed and sattle at 4,936.85. It is looking more bullish if it manages to cross the level of 4950 in first hour of trading session of tomorrow. From here nifty has a resistance of 5040 up side and also has a support of 4830 downside. Nifty may touch the 5200 level in this month. 

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The Nifty broke the 5,200 level today. Nifty trend has decisively changed to the downside. According to our market research, the market is going down. We would suggest that traders should buy 5,200 puts and wait patiently. When a trading range breaks down, it usually works out in the direction of the break down. So, we are not upbeat now.

Nifty Levels For Monday are:
Resistance  :  5230  :  5280.
Support        :  5100  :  5040.

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Market didn't get its best way. Today whole market was down from the starting session of Monday. It can't hold position of last session. Today Nifty closed at 5326.60 with the down points of 34.10.
On the other side Nifty futures current contract did the same it shut shop at 5,346.85 having the loss of 38.65 points. Technically both are consolidate positive. We consider that make a fresh position at lower levels to get the best profit.

Technical Levels for Nifty
Resistance  :  5400  :  5490.
Support        :  5260  :  5200. 

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It was volatile day for market after a good opening in Indian Stock Markets it closed in Red today. Both benchmark indices traded positive at the start of the session but unfortunatly closed in Red with significant loss.
Nifty has a immediate resistance at 5,060 levels. On the lower side, it has the support at 4,880. Nifty trend will positive above 5,060 levels. Sustaining the levels below 4,880 will be negative for the markets.
For intraday trading tomorrow, we are observing 4900-4840 as the immediate supports. On higher levels, 5060-5130 is the immediate resistance for Nifty. 

Nifty Technical Levels for Tomorrow- 

Resistance  :  5060  :  5130.
Support        :  4900  :  4840.

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