Free Stock market / Nifty intraday tips

Nifty Future Update :will check…5774

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(last close 5723.60)

[sws_blockquote_endquote align=”” cite=”” quotestyle=”style02″] Just as a cautious businessman avoids investing all his capital in one concern, so wisdom would probably admonish us also not to anticipate all our happiness from one quarter alone. – Sigmund Freud [/sws_blockquote_endquote]

 

Nifty closed up 7.50 points at 5685.40 while Nifty futures closed at 5723.60, premium of 38.20 points. FIIs bought in Cash, net buy 33.35 Crore while DIIs sold in Cash, net sell 303.13 Crore. FIIs sold in Index future, Index Option but bought in Stock future, net sell 732.37 Crore..!!!

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yes…! we told yesterday that if Nifty future  Closing below 5700 will be problematic. we gave support at this level 5719-5694 and NF made the low of 5695.55

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what for today..?

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Today  nifty future will  open below yesterday’s low or around 30-40 point down.As NF goes down we will get Support near 5678-5694 .and up move will take it up to 5774-5800.

 

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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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