Free Stock market / Nifty intraday tips

Nifty Futures Trading Tips Update

Nifty Future Tips


I have never understood why so many electronic traders listen to or watch CNBC, MSNBC, Bloomberg News or FNN all day long. The talking heads on these programs know very little about market  dynamics and market price action. Very few, if any, have ever even traded a one lot in any pit on any exchange. Yet, they claim to be experts on everything. Before becoming a trading and markets  expert, the guy on CNBC reporting hourly from the Bond Pit, was a phone clerk on the trading floor. Obviously, this qualifies him to be an expert! He, and others, can provide no utility to you. Treat it for what it really is entertainment. The fact is: The reporting that you hear on the business programs is old news. The story has already been dissected and consumed by the professional market participants before news has been disseminated do not trade off of the reporting. It’s too late.

Nifty Futures Calls

(Updated on 04-06-2012 Time 8.50 AM)

As expected in last session NF remained below 4920 and it after taking

out 4885 it plunged down to 4815.

We had written lower levels are 4844-4826.

Given the foreign markets worst still don’t seem to be over.

Now For Today…

Trading below 4782 will drive it even lower to 4754-4732.

If sustained below it may open the door for even

dipper levels to  4715-4680.

4840-4848 are upward barrier.

Would you like to get our share market updates instantly?
Click the link to join: Free Stock Tips

Do you want to get premium NSE calls?
Click the link to subscribe: Premium NSE Stock Tips

If you have any questions or concerns about the stock market, don’t hesitate to contact me:

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

Previous ArticleNext Article
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.

Click here to get premium stock market tips by Mr.Guru.

Subscribe to get daily FREE Stock markets / nifty tips
Send email to Mr.Guru: [email protected].

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 *

Send this to a friend