Free Stock market / Nifty intraday tips

Nifty future (Date 02-05-2012)

0 1945

Nifty future tips

(Date 02-05-2012)

Entered into Nifty Future for long 5158 around for targets 5322-5344 (Positional)

Monday morning prior to market opening we had written that Nifty Future would see the upper levels 5238-5270. Nifty future Zoomed to 5288 and retraced.

Intraday commentary

Trades above 5270 will drag it to  – 5309-5321

Game Points for Intraday is 5266
(Suppose to trade below it …then 5221-5238)

Points for Day Traders

  • Wall Street ends higher & Asian markets also trading higher
  • Spot Nifty Chart: Price below 20 and 50 day SMA
  • Weekly chart for Spot: Price has to take a decision to either close above 5-week High EMA or 20 Weeks SMA
  • Positional: The market is up as long as 5200 holds…
  • SGX Nifty is trading 35 points above…

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips

Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.

Disclaimer: The information provided on this website, including but not limited to stock, commodity, and forex trading tips, technical analysis, and research reports, is solely for educational and informational purposes. It should not be considered as financial advice or a recommendation to engage in any trading activity. Trading in stocks, commodities, and forex involves substantial risks, and you should carefully consider your financial situation and consult with a professional advisor before making any trading decisions. Moneymunch.com and its authors do not guarantee the accuracy, completeness, or reliability of the information provided, and shall not be held responsible for any losses or damages incurred as a result of using or relying on such information. Trading in the financial markets is subject to market risks, and past performance is not indicative of future results. By accessing and using this website, you acknowledge and agree to the terms of this disclaimer.

Previous ArticleNext Article
Mr.Guru(s) is a team of stock market certified technical and research analysts with over 20 years of experience. They are regular guests on popular online channels and contribute articles to several financial publications. Their insights and advice are respected by investors worldwide. With their collective knowledge and expertise, they have a proven track record of successfully predicting market movements and identifying profitable opportunities.

Join Today (Free): Stock & Nifty Tips

Write a Comment

Comment Policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted. Your email address will not be published. Required fields are marked *