Free Stock market / Nifty intraday tips

Nifty Future: Bear again hold the Rule

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(last close:5801)

“The best advice I can give to the ordinary guy trying to become a better trader is Learn to take losses.
The most important thing in making money is not letting your losses get out of hand.”
-Marty Schwartz
Nifty closed down 89.20 points at 5788.80 while Nifty futures closed at 5801.65, premium of 12.85 points. FIIs sold in Cash, net sell 885.85 Crore while DIIs bought in Cash, net buy 313.42 Crore. FIIs sold in Index futures, Stock futures but bought in Index Option, net sell 656.77 Crore.
What for Today?
Today we expect support at 5780 and if it fails to hold 5765 level then slide down to 5720 is possible….!
resistance approx at…5813 and after that Immediately get’s the level of 5846

Long Term prediction on Nifty Future

Don’t be surprise if NF will 6565 to 6637 coming days…

Short selling will born only around 6300 for short term only

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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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