Free Stock market / Nifty intraday tips

Nifty Future Update:Bear’s fight back..?

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(last close 5748.30)

[sws_blockquote_endquote align=”” cite=”” quotestyle=”style02″] When I was young I thought that money was the most important thing in life; now that I am old I know that it is. ~Oscar Wilde [/sws_blockquote_endquote]

Nifty closed up 43 points at 5742.30 while Nifty future closed at 5748.30, premium of 6 points. FIIs bought in Cash, net buy 247.96 Crore while DIIs bought in Cash, net buy 249.28 Crore. FIIs bought in Stock future, Index Option but sold in Index future, net buy 1555.56 Crore..!!!

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Yes we told…!

On Wednesday we told Buying presser will be seen at  5717.

Nifty Future  we gave this level 5733-5748-5765

what we saw it check both first two level and made day high at 5759.

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Now..! What for Today..?

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Today  we feel that Nifty future will show level in favor of Bear .

If  it Fails to protect 5678 then we will see downside near 5661-5649 is possible.

 

 

 

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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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