IGL hit tgt 1060 made low of 1078.90
NOW toatal profit 53790
GIVEN ON 29 MAY hit tgt 630
toatal intrady profit 36000
FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN
HERE>>>>>
Taking
mixed cues from the Asian markets, the Nifty started the session almost on a
flat note at 9,616. The Nifty remains volatile and recorded an intra-day low at
9,607 levels and an intra-day high at 9,641 levels. The contact could trade in
the broad range between 9,600 and 9,630. As long as the contract trades in this
range, traders should tread with caution and desist taking fresh positions. A
strong breach on either side of this sideways range can give a near term
direction for the contract. Technically, analysis would remain same and
Indian Stock Market is still in positive zone. Market would continue to remain
strong
until Nifty holds 9580 levels. Traders can continue to hold long
positions in the market as of now. If Nifty breaches levels of 9635 with
volumes then next target would be 9660-9705. Now a big movement is on the cards
and traders can hold long positions or buy at dips until Nifty holds 9580
levels on closing basis. Immediate support for Nifty would be seen at 9580-9540
levels and reversal would be seen only if Nifty closes below 9511 levels. For
now, market is consolidating and ready to see a big movement in days to come.
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