Intraday Stock Trading

Weekly Trend:  Last week Nifty recovered from the low of 4531, made a high of 4763, and finally managed to close above 4700. Now in this week, any rally will face resistance at 4750-4882 and reversal to sell side. Overall trend is down; and as per Fibonacci projection, the lower level target is intact at 4350-4000. In this week: Trend Decider - 4669.Today Intraday Tips: At the end of the

BSE index: (15175) Keep stop loss of 15448 to your shorts. Downward side it'll fall down to 15091 & 15059-15036 initially. Break below 15036 it'll heavily crash down to 14941 & 14787-14727. Upward side crossover above 15448 it'll surge up corrective to 15596-15642 & thereafter to 15761, 15833 & 15954, overall go short keeping stop loss of 16069 on higher levels.

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Today: Nifty opened negatively after showing very volatility in the market. At the end it closed flat too negatively. It tried to show strength and recovered from bottom levels. Let us check out the effect of CRR POLICY. Technically below 4916, can see more downside in the market. We can see the next target at around 4350. Because of flat closing

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Strategy For Nifty This Week Last week, we saw lot of volatility in the market. But finally it was unable to hold 5000 and made a low of 4841. For the week ahead, it will take a support range of 4810-4800, decisively break and decline below the lower level target of 4750-4640. Higher-level resistance to continue at 5000-5100 - 5125 to watch out.  Today's

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