Free Stock market / Nifty intraday tips

Nifty Update: Follow Up from the Short Term

nifty-update

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 (last close:5805)

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Nifty closed up 109.30 points at 5808.40 while Nifty future closed at 5805.95, discount of 2.45 points.

FIIs sold in Cash, net sell 305.68 Crore while DIIs bought in Cash, net buy 910.62 Crore.

FIIs bought in Index Future, Stock futures and Index Option, net buy 1971.61 Crore.

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.What for Today….???

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After a week of negative sign, Nifty followed reversal trend on Friday.
This week most indicators remain positive and there were fewer negatives…

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Today we expect First Resistance of Nifty future at level 5823-5836 and If cross 5832 then possibility to check 5877
and if stay at this level then more upside expected.

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Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They've black magic of stock market analysis because studied charts over 20 years.

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