NIFTY: Are you till in PATIENCE?

As per our past updated, We have mentioned Resistance 10947 which here : we had not taken any position over the short selling side. According to our last researched, we are till in patience. Now we’ve found new DURABLE resistance as showed in the chart at 11124 nearby.

Today, We have seen gap up and Average True Value is also on support. When you see ATR. At support, we found big on nearby. Now Question, What to do! Answer, you have to keep patience OR try to enter into PUT… Which STRIKE Price… 10800/10900.

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Nifty Outlook for 9 July 2018

Nifty is now trading near the resistance and presently all technical indicators are also in positive direction. But we are waiting for selling zone ie. (resistance) 10,915 to 10,930 and support is 10,755 to 10,737. 

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Watch potential channel support of TATA MOTORS:

TATA MOTORS: Till now it is following a downtrend channel and it is on strong support with a little penetration and so buy from 255 to 265 and our target will be as 283 to 291 and if still move up then go for the target 310.

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CIPLA: Traders Must Look at this stock

CIPLA: The movement of falling down has been started and traders can sell from 612-619 and target will be 557 – 551 and 518-509.

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Time to buy ACC near by 1240.

ACC Future: Traders can think of buying from 1,222 to 1,255 and target will be 1,358-1,400. If go below 1,200 it will increase risk ratio for buyers.

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Nifty Future is near the Resistance

We are seeing that resistance is near and planing to sell in between 10840-10947.Our target is 10600 and 10511.

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