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Showing posts with label Free Nifty Tips. Show all posts
Showing posts with label Free Nifty Tips. Show all posts

Nifty Intraday Trend

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Nifty Intraday Status
Today weekly chart, in the short term if nifty sustains above 5050, levels of 5065/5095 could be expected on the upside. The downside support can be expected at 4980, on breaking 4980 levels 4940/4910 can be seen. The overall direction of the market is likely to remain weak as NIFTY has given a breakdown from the important trend-line support of 5430/5440 on both daily and weekly chart. Monthly chart, according to rising demand line (Joining from the lows of Aug 2009 (4353.46) to the low of May2011 (5328.71), breakout of 5480/5490 levels would indicate selling pressure. Any move beyond 5480/5490 level on monthly basis.

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Today Share Market Trend

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Today Free intraday tips weekly chart, in the short term if nifty sustains above 4800, levels of 4840/4910 could be expected on the upside. But on the downside support can be expected at 4705, on breaking 4690 levels 4600/4560 can be seen The overall direction of the market is likely to remain weak as NIFTY has given a breakdown from the important trend-line support of 5430/5440 on both daily and weekly chart. On monthly chart, according to rising demand line (Joining from the lows of Aug 2009 (4353.45) to the low of May2011 (5328.70), breakout of 5480/5490 levels would indicate selling pressure. Any move beyond 5480/5490 level on monthly basis would only negate the bearish view.

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Today Free Nse Tips

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Today Technical View

The chart, in short term if Nifty sustains above 4750, levels of 4840/4910 could be expected on the upside. The downside support can be expected at 4630, on breaking 4630 levels 4600/4560 can be seen. Overall direction of the market is likely to remain weak as Nifty has given a breakdown from the important trend-line support of 5430/5440 on both daily and weekly chart. On monthly chart, according to rising demand line (Joining from the lows of Aug 2009 (4353.45) to the low of May2011 (5328.70), breakout of 5480/5490 levels would indicate selling pressure. Any move beyond 5480/5490 level on monthly basis would only negate the bearish view.

Free Tips Nifty offer quality stock advisory services in nifty tips, nifty trading tips, live nifty options, nifty intraday tips, free nifty future tips, intraday nifty tips and many more.We offer online tips about all these services.
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Nifty Free Tips

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The support for the Nifty is at 4737-4700 and resistance at 4850-4950.

Day Trading Strategy

Nifty may open flat to negative note and it would remain range bound between 4845 and  4755 levels. Breakout of either level would dictate the intraday trend. On the higher side, if NIFTY trades above 4845, it could test at 4880/4920 levels. On the downside break below the major support of 4720 levels of 4690/4640 levels can be expected. Traders are advised to remain cautious due to uncertainty and volatility in the global markets. Investors will keep a close eye on inflation numbers due later today.
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