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Thread: National Stock Exchange : Nifty Trend & Free Stock TIps

  1. #1
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    Lightbulb National Stock Exchange : Nifty Trend & Free Stock TIps

    Nifty today witnessed the strong resistance on higher levels and after once reaching 5000 mark does not been able to sustain. As I had already mentioned in previous report that Nifty Future may slip from the higher levels. Now in the next some trading sessions we might expect the huge correction in market. I recommend that traders should focus on short side from the current levels. Closing below 4850 may drag it till the lower levels of 4760 to 4770 in short term.

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    Thumbs up National Stock Exchange : Nifty Trend & Free Stock Tips

    Nifty future witnessed the huge correction today and in the end managed to close above 4800 mark. As we had already recommended shorts in nifty future for the targets of 4900, 4830, today its done. Now nifty future is looking to continue this downward rally and we could see more downside in it from the current levels. In the downside two key supports are 4730 & 4660. We recommend that shorts in nifty future could be hold for the targets of 4700 and 4680. Those traders who like to initiate new shorts in nifty future could do it below the level of 4770 with the stop loss of 4805.

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    Smile National Stock Exchange : Nifty Trend & Free Stock Tips

    Nifty closed with the modest gain and in the end holding the level of 5000. The next crucial resistance zone seems to be around the levels of 5100 to 5110. Closing above this resistance zone may take up it till the higher levels of 5175 to 5180 in short term. We recommend that still nifty future is in the down trend so one could go for sell on rise in it until it made closing above 5110. In the downside we might expect the lower levels of 4900 to 4905.


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    Smile Technical View on Nifty for June 02, 2010

    Nifty witnessed the huge correction today and made the closing below 4950. As we had already mentioned in our previous report that one could go for sell on rise in nifty future until it made closing above 5110. Now the nifty could witness more strong correction from the current levels. We recommend short position in nifty future for the targets of 4700. In the upside 5100 to 5110 is the resistance zone for nifty future in short term.

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    Exclamation National Stock Exchange : Nifty Trend & Free Stock Tips

    for June 03

    Nifty witnessed the overall the highly volatile market session & in the end made some recovery and manged to closed above 5000 mark. Technically still 5100 to 5110 is the short term resistance zone for nifty future. Closing above this resistance range may take up it till the higher levels of 5175 to 5180 in short term. One could hold the shorts position in nifty future until it made closing above 5100.

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    Lightbulb

    Nifty witnessed the yet another positive session & contniue the upside recovery. Today it managed to break the resistance zone of 5100 to 5110 & also made the closing above it. Now this upside momentum could be continue and one could expect the higher levels of 5200 to 5205 in near term. We recommend long position in nifty future from the current levels for the target of 5200 with Stop Loss around 5060.

  7. #7

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    What is your guess about 7th June? is Market bullish?Which stocks should I purchase for short term gain?

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    Smile National Stock Exchange : Nifty Trend & Free Stock Tips

    for June 08, 2010

    Nifty made the closing today above 5000 with the negative biased. Today it made the gap down opening & after it just witnessed the range bound movemnt. We are technically still expecting that market may witness more correction from the current levels. In the downside 4660 to 4700 is looking the key support base for nifty future. We recommend that traders could initiate shorts position in nifty future below 4980 for the targets of 4900 to 4905 for intra day trading.

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    Nifty witnessed overall the downside consolidation phase for the first half & in the second half of trading it witnessed some sharp correction. Technically the next support for the nifty future seems to be around the level of 4850. Closing below this support may drag it the nifty future till the lower levels of 4700 to 4710 in near term. We had already recommended that one could go for sell on rise in nifty future. For tomorrow intra day trading traders could initiate the shorts position below the level of 4930 for the targets of 4865 to 4870.

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    Arrow National Stock Exchange : Nifty Trend & Free Stock Tips

    Nifty is still not sustaining at higher levels & after every rally it witnessing the profit booking. In the downside still we are expecting more correction from the current levels. We recommend that one could go for sell on rise in nifty future until it made closing above 5200. In the downside 4900 to 4930 is looking the good support base. Closing below this support zone may slide the nifty future till the lower levels of 4700 to 4710 in short term.

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