Nifty future
closed 6331 on 16th Jan 2014 flat by 1 point. As per our chart nifty showed
performance. Nifty started profit booking from morning. We written profit
booking up to 12:30 and nifty future made a low at 12:33 yesterday and started
upward journey for rest of day. American market closed mixed yesterday. Dow
closed -65 points -0.39%, Nasdaq 4 points 0.09%, S&P -3 points -0.13%.
European market closed between -0.07 to -0.40% on yesterday. SGX Nifty shows
negative points of 15 -0.23%, SGX Nifty future is trading at 6310. Asian market
is trading flat to negative.
NIFTY INTRADAY SCIENTIFIC CHART 16'th Jan 2014
(Expected to happen during market timing)
Today as per
our chart we see profit booking for entire day. As per our chart Market
undertone is negative today. Our chart shows Negative trend only. TCS has given
a good result and we are today waiting for RELIANCE, ITC, HDFCBANK, WIPRO. As we
given calendar to valuable traders in advance. Calendar today shows red day
means we are expecting nifty future close below -0.50%. We maintain that view
nifty future today fall 30 to 40 points today. Nifty future has strong support
at 6260 to 6270. Today nifty future has support at 6300,6280,6260 and resistance
around 6350,6380. Next week is positive with trend (Next Week Charts already
mailed to you yesterday) please go through it . We are expecting nifty future to
take maximum support at 6270 to 6280 levels. Please note today four nifty
companies posting their results also. Bank nifty and bank stocks may continue
yesterdays down trend.
Thanks &
Regards
Nishant
Jani
9374083399
1 comment:
thanks ,nice post on investing, Indian share market volatile trend ,so expert tips helpful for right investment get here your choice on
nifty future tips and free stock tips
Post a Comment