Good Morning,
Nifty(F) closed 6230 on 19'th Nov 2013 up by 10 points. SGX NIFTY is trading -18 points Up at 6212. American market closed in Negative & Asian Market also trading red. Nifty will find resistance between 6250,6270 & support at 6200,6180,6150 levels. Profit booking appear at every higher price. As written yesterday we cut long in Tisco. Trend is now converting Negative.
Nifty(F) closed 6230 on 19'th Nov 2013 up by 10 points. SGX NIFTY is trading -18 points Up at 6212. American market closed in Negative & Asian Market also trading red. Nifty will find resistance between 6250,6270 & support at 6200,6180,6150 levels. Profit booking appear at every higher price. As written yesterday we cut long in Tisco. Trend is now converting Negative.
We continue yesterdays Trading calls (weekly).
Buy Nifty 6100(PE) at 19 to 20 with SL 10 target 40.
Buy Tatasteel 380(PE) at 4.5 to 5 with SL 2.5 target 8.
Buy Reliance 860(PE) at 4.5 to 5 with SL 2.5 target 8.
This
above trading calls only for traders & should trade according
to their risk appetite. Price & Entry+Exit levels also depends on
market with traders understanding.
NIFTY INTRADAY SCIENTIFIC CHART 20'th Nov 2013
(Expected to happen during market timing)
(Expected to happen during market timing)
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