NIFTY UP: +47 POINTS CHANGE: +0.82% CLOSES AT: 5859 NIFTY GAVE GAP UP OPENING AND CLOSED POSITIVE YESTERDAY. NIFTY IS MOVING UP IN SIDEWAYS.IT CAN BREAK 5900 RESISTANSE LEVEL.
STRATEGY FOR NIFTY IS TO BUY ABOVE 5860 WITH STOPLOSS OF 5820 AND BOOK PROFIT AROUND 5900.
BANK NIFTY OUTLOOK
BANK NIFTY UP: +159 POINTS PERCENTAGE: +1.41% CLOSES AT: 11442 BANK NIFTY WAS UP YESTERDAY. BANK NIFTY CAN MAKE CONTINUOUSLY BULLISH LEVEL FOR NEXT DAY.
STRATEGY FOR BANK NIFTY IS TO BUY BELOW 11435 AND TO BOOK PROFIT AROUND 11500 WITH SL OF 11370.
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Support and Resistance
NIFTY KEY LEVELS 5823
• RSI : +50.87 • MACD : -12.75 • 200EMA : 5768 • CANDELISTIC : GREEN • TREND : SIDEWAYS • OUTLOOK : POSITIVE
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TREND=>BULLISH STRATEGY=>BUY CALL CMP=>1250 RISK=>5250 REWARD=>UNLIMITED
PUTCALLRATIO=> OPEN INEREST=>
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Published on Jul 10, 2013
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