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(Updated at 01.33 PM)
Just see the amazing accuracy in predicting the Nifty future reversal.
In last post we wrote that below 5886-5892 NF
would move lower, up to 5867-5858.
Nifty future kissed 5867 and took a U -turn.
Now 5912-5917 is resistance area.
We Don’t think that Nifty would sustain above this zone.
If trades successfully above this zone, then may rally up to 5929-5937.
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As written Nifty future has witnessed sharp profit
booking from resistance levels at 5968.
Now watch 5892-5886 zone for intraday.
If trades decisively below this zone and not able to trade
above 5912-5917 zone then see correction extending up to 5867-5858.
ING Vysya Bank recommended to subscribers at 595-598 for Target= 608-613
Today made high at 622
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Nifty Future
(Updated at 08.10 AM)
Above 5924 we see rally up to 5937-5943.
If trades above 5943 with vol then see even
higher levles at 5968-5981.
5943-5968-5990 are today’s Targets & hurdle for intraday.
Strong hurdle at 5980-6010 zone.
Be cautious in long at this zone.
Support at 5898-5892 for intraday.
Crucial support at 5892-5886 zone.
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Today in morning post on Nifty Fut written that
if trades above 5892 & sustains then see rally up to 5908-5929.
Nifty future made high at 5934.90.
Now hurdle is at 5924-5938. Decisive crossover may take it to 5955-5965.
state-owned Indian Overseas Bank (IOB). The fourth quarter net profit (January-March) year-on-year tanked nearly two-fold to Rs 59 crore.
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Ready for Short Selling by Intraday and Short Term Traders,…
Now, Question is what the market turning points?
Just watch careful 5918 and 5928 and 5937!
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BankNifty Spot
Above 12560 see rally up to 12620.
Hurdle at 12613-12630.
Crucial support at 12450-12436.
If trades below this zone then see slide up to 12403-1372.
Arvind
Close = 76.90
Sell On rise Below 78
Hurdle at 78-79.35
If trades below 76.55 Expect slide up to 75.75 to 75.40.
If sustains below 75.40 then see lower levels up to 74.25.
Support at 74-72.35
Hind Unilever
Closed below short term rising trendline.
Strong hurdle at 469-473 for shrot term trend.
Traders may short at near or within this zone.
Suppose to trade below 462 then see slide up to 459.
More down side up to 454-450 if sustains below 459.
Exit all short position if trades above 479.
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