NIFTY TREND ANALYSIS & LEVELS FOR TODAY Facebook Twitter LinkedIn
Nifty is on bear note to close at
7351. So today on upside first resistance is at 7385-90 level. Next resistance
are at: 7420-25,7478-83,7510-15,7542-47,7577-82,7612-17,7646-51,7699-04,7740-45,7781-86,7814-19,
7820-25,7860-65,7886-91,7915-20,7958-62,8019-24,8064-69,8092-97,8138-42,8194-99,8215-20,
8288-92,8346-51,8369-74,8410-15,8439-41,8473-78,8523-28,8550-55,8585-90,8615-19,8638-43,
8675-80,8740-45,8785-90,8817-22,8854-59,8880-85,8935-39,8973-78,9015-20,9046-51,9074-79,
9102-07,9148-52,9181-86
level On downside first support is at 7316-11 level. Next supports are at
7281-76, 7245-40, 7221-16, 7190-85, and 7159-54 level. Market is in bear side
and next major support is at 7150 levels .So today on upside intra resistance
are at 7390 and 7425 level .On downside be alert below 7311 and avoid a Positional
Immediate support for NIFTY is 7321 and positional Resistance for NIFTY is 7581
7694 7742 7775 7792 7883 7900 7912 8153 .
Intraday Resistance of NIFTY are 7420.7:
7478.5: 7480.2: 7498.2
Intraday Support of NIFTY are 7281.3: 7223.5: 7223: 7205.3
Intraday Support of NIFTY are 7281.3: 7223.5: 7223: 7205.3
NIFTY INTRADAY
LEVEL
|
NIFTY PROBABLE HIGH
|
NIFTY PROBABLE LOW
|
|||
R4
|
7486
|
BULL
|
7595
|
7212
|
|
R3
|
7428
|
UP BREAKOUT
|
7518
|
7289
|
|
R2
|
7407
|
UP CAUTION
|
LEVEL FOR LONG
|
LEVEL FOR SHORT
|
|
R1
|
7393
|
SELL
|
7545
|
7402
|
|
PIVOT
|
7384
|
LAST DAY
|
VERY STRONG BEAR
|
||
S1
|
7309
|
BUY
|
OPEN
|
7420
|
|
S2
|
7295
|
DOWN CAUTION
|
HIGH
|
7464.0
|
|
S3
|
7274
|
DOWN BREAK OUT
|
LOW
|
7336.0
|
|
S4
|
7216
|
BEAR
|
CLOSE
|
7351.0
|
|
NIFTY MONTHLY
LEVEL
|
NIFTY DAILY
VOLATALITY
|
1.74%
|
|||
R2
|
6082
|
LONG
|
NIFTY WEEKLY
VOLATALITY
|
3.67%
|
|
R1
|
5976
|
SHORT EXIT
|
NIFTY WEEKLY HIGH
|
7605.0
|
|
S1
|
5765
|
LONG EXIT
|
NIFTY WEEKLY LOW
|
7336.0
|
|
S2
|
5659
|
SHORT
|
NIFTY DAY MEAN
|
7470.5
|
NIFTY
Current: 7,350 (fut: 7,372),
Target: NA
Stop-long positions at 7,290. Stop-short positions at 7,455. Big moves could go till 7,500, 7,240. A long 7200p (38), long 7,500c (38) could gain 15-20 if the futures swings 100 points in either direction.
BANK NIFTY
Current: 15,021 (fut: 15,049)
Target: NA
Stop-long positions at 14,940. Stop-short positions at 15,160. Big moves could go till 15,350, 14,750. Downtrend may continue. Short-covering could run into resistance at 15,150-15,200.
IDEA CELLULAR
Current price: Rs 111.5
Target price: Rs 113.5
Keep a stop at Rs 110 and go long. Add to the position between Rs 112 and Rs 113. Book profits at Rs 113.5.
ONGC
Current price: Rs 214
Target price: Rs 211
Keep a stop at Rs 217 and go short. Add to the position between Rs 211.5 and Rs 212. Book profits at Rs 211.
BHEL
Current price: Rs 141.5
Target price: Rs 138
Keep a stop at Rs 143 and go short. Add to the position between Rs 139 and Rs 140. Book profits at Rs 138.
Current: 7,350 (fut: 7,372),
Target: NA
Stop-long positions at 7,290. Stop-short positions at 7,455. Big moves could go till 7,500, 7,240. A long 7200p (38), long 7,500c (38) could gain 15-20 if the futures swings 100 points in either direction.
BANK NIFTY
Current: 15,021 (fut: 15,049)
Target: NA
Stop-long positions at 14,940. Stop-short positions at 15,160. Big moves could go till 15,350, 14,750. Downtrend may continue. Short-covering could run into resistance at 15,150-15,200.
IDEA CELLULAR
Current price: Rs 111.5
Target price: Rs 113.5
Keep a stop at Rs 110 and go long. Add to the position between Rs 112 and Rs 113. Book profits at Rs 113.5.
ONGC
Current price: Rs 214
Target price: Rs 211
Keep a stop at Rs 217 and go short. Add to the position between Rs 211.5 and Rs 212. Book profits at Rs 211.
BHEL
Current price: Rs 141.5
Target price: Rs 138
Keep a stop at Rs 143 and go short. Add to the position between Rs 139 and Rs 140. Book profits at Rs 138.
S&P
CNX NIFTY-Over View
S&P CNX NIFTY is the Blue chip Index of NSE. The top 50
companies listed on NSE from Various sector like IT, Banking, Cement, Oil, Steel,
Infrastructure etc. are included in Nifty Index with different weightage(Top
weightage-Reliance, Infosys, Icici bank, Lt, HDFC)is given to each company. Nifty
Index is professionally managed and moreover it can be considered as a
barometer of Indian Economy.Earnometer.com will give you daily in-depth technical
analysis report of Nifty, Analysis of Nifty in future and option, Performance
of share included in Nifty for medium-long term and for very short
term.Earnometer.com also covers breadth indicators like advance-decline ratio, put
call ratio, Bullish percent index, Advance decline volume Fundamental Growth
rate like Price Earnings Ratio, Index EPS, Dividend ratio other economic ratio
like GDP growth rate etc. All the analysis report is updated daily.
Make Money from Stock Market. If you want any other
information and recommendation in Stock Cash Tips, Equity Tips, Nifty Tips,
Commodity Tips, Stock Tips Just Fill
this free trail form: -
Click here for other information or call at: - 0731-6629302, 03, 04 | 9977040040
Click here for other information or call at: - 0731-6629302, 03, 04 | 9977040040
No comments:
Post a Comment