Free Stock market / Nifty intraday tips

NSE Nifty Futures Trading Calls

nifty future tips

Nifty Futures Calls

(Updated on 15-06-2012 Time 08.30 AM)

We indicated several times for last 3 sessions that markets are in

strong resistance area.

Crossover this zone to continue bullish trend is quite difficult

and path of multiple barriers.

Bearing this in mind we advised to remain with comfortable long

position and to trade short identifying opportunities.

We took this opportunity to go short and trades accordingly yesterday.

Now for today…

5079 is intraday hurdle and crossing over with volume may drive it

to 5095-5117-5135.

If trades below 5040 with volumes may take it to 5022-5006 zone which

may act as intraday support and intraday reversal.

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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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