YETERDAY'S star ALMOST HIT TGT 922 MADE LOW OF 923.20
TOTAL PROFIT: 11800 IN JUST 2 LOT
FOR LIVE
MARKET CALLS PING ME
ON 09039542248
ON 09039542248
Go long with a stop-loss at 9,470
The
Nifty fell, breaking below the
psychological 9,500 level earlier in the day. However, NIFTY has reversed
higher, after making an intraday low of 9,483.The support at 9,480 is holding
well as of now. The immediate outlook is bullish. Resistance is at 9,523. A
break above it can take NIFTY higher to 9,540 and 9,550.If NIFTY manages to
breach above 9,550 decisively, the upmove can extend to 9,580 or even 9,600.
But a pull-back from 9,550 can take NIFTY lower to 9,500 levels once again.Short-term
traders with high risk appetite can go long. Stop-loss can be placed at 9,470
for the target of 9,540. The NIFTY will come under pressure only if it falls
below 9,480. Such a fall can drag it to 9,465 and 9,440.
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