NIFTY moved according to our predictions. Nifty opened at 4394 and it was above it for whole trading session. NIFTY will be bullish above 4476 levels and further downside is expected if it starts moving beyond 4420 levels. Today market move will be range bound but short sellers will be winners. Trade with strict stop loss , operators try to touch both stop losses in few stocks like RELIANCE , IFCI. Just trade according to support and resistance of NIFTY.
Supports : 4450, 4416,4397, 4380 and 4347.
Resistance at higher levels : 4476, 4500 and 4573.
Yesterday's Snapshot :
Intrday Nifty low : 4394.35
Intrday Nifty high : 4492.80
Close : 4453.45
Hot picks : (Intra Day)
Short Sell IFCI below 51.60 and stop loss above 52.15 TARGET 50.70 .
Buy SATYAMCOMP above 98.80 and stop loss 98.20 TARGET 101.65.
NOTE :
Don't be greedy while trading , STRICT Warning .
Sources http://www.nseindia.com/ .
These are just predictions , nobody can challenge us.
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