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Nifty future Resistance at 4694
Support at 4580/4530
Nifty is getting ready for a 10% move either side either 5200+ else 3700 possible in the coming days, 4750 will be the key decider, Those holding delivery position /positional future against the market trend should hold with tight stoploss/trailing stops dont try to average your trades at these levels.We will remain a witness in this market let the market decide the direction where it wants to go.
PREMARKET LEVELS :
1.WIPRO
Above 513.5 Buy for 518-523-528-540
Below 508 Sell for 503-496-485-460
2.HINDUNIVLR
Above 261.5 Buy for 264-267-273-285
Below 259 Sell for 257-254-245
If its able to stay above 268 can move towards 280 + today
3.HCLTECH
Above 276 Buy fr 278-281-286-297-315
Below 269 Sell for 267-264-258-240
4.SIEMENS
Above 447 buy for 451-457-465-480
Below 443 Sell for 439-434-425-402
5.TATAMOTORS
Above 465 Buy for 469-474-488-515
Below 457 sell for 453-448-432-410
6.SUZLON
above 89.5 Buy for 90.5-92.3-94-103
Below 88.5 Sell for 87.5-86-84-80
7.NIFTY FUTURE
Above 4580 will favor the Bulls, above 4580-4592-4615-4630-4641-4672-4694-4735-4950
Below 4552 will favor the bears ,
Below 4552-4540-4512-4465-4350-4102-3850
IF we trade around 4640 after open risk takers can go short below 4640 with stoploss at 4663 for 4628-4620-4611-4580 , Reversal Buy for this trade above 4671 for 4683-4705-4750
Good luck
Support at 4580/4530
Nifty is getting ready for a 10% move either side either 5200+ else 3700 possible in the coming days, 4750 will be the key decider, Those holding delivery position /positional future against the market trend should hold with tight stoploss/trailing stops dont try to average your trades at these levels.We will remain a witness in this market let the market decide the direction where it wants to go.
PREMARKET LEVELS :
1.WIPRO
Above 513.5 Buy for 518-523-528-540
Below 508 Sell for 503-496-485-460
2.HINDUNIVLR
Above 261.5 Buy for 264-267-273-285
Below 259 Sell for 257-254-245
If its able to stay above 268 can move towards 280 + today
3.HCLTECH
Above 276 Buy fr 278-281-286-297-315
Below 269 Sell for 267-264-258-240
4.SIEMENS
Above 447 buy for 451-457-465-480
Below 443 Sell for 439-434-425-402
5.TATAMOTORS
Above 465 Buy for 469-474-488-515
Below 457 sell for 453-448-432-410
6.SUZLON
above 89.5 Buy for 90.5-92.3-94-103
Below 88.5 Sell for 87.5-86-84-80
7.NIFTY FUTURE
Above 4580 will favor the Bulls, above 4580-4592-4615-4630-4641-4672-4694-4735-4950
Below 4552 will favor the bears ,
Below 4552-4540-4512-4465-4350-4102-3850
IF we trade around 4640 after open risk takers can go short below 4640 with stoploss at 4663 for 4628-4620-4611-4580 , Reversal Buy for this trade above 4671 for 4683-4705-4750
Good luck
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