On 26May, Nifty fut will be having a resistance level at 4884 level, if it manages to hold and sustain above this levels then next hurdle for the upsurge will be 4945 level. If Nifty fut sustains above 4884 level, then we can see higher levels of 4898-4910-4945. In order to take charge over bears, bulls have to hold Nifty fut above 4945 level, failing to do so bears will make all possible effort to drag down the markets to lower levels in later hours from higher levels. On lower side support for Nifty fut is at 4860 level, if it breached and sustained then we can see markets sliding down to 4840-4826-4802 levels. In the current scenario the market movement is ambiguous so traders must follow the strategy of sell on rise and buy on dips, rather than waiting for expiry/day closing targets.
We recommend all traders to watch the range 4800-4945, as on closing basis this range is crucial for further market movement and breakout on either side with high volumes will show sharp movement. For intraday, traders must keep watch on range 4910-4945 on upside, as this range will act as a reistance zone for upside movement, and failing to crossover this, market may witness selling pressure. So, keep booking profits in all positions and avoid leveraging positions at higher levels.
Nifty Levels
Resistnce - 4884-4898-4910-4930
Support - 4860-4840-4826-4802
=========================
For LIVE MARKET CALLS, Cick here.
For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com
Note- To Get all calls on mobile through SMS, Join our groups, FULTOOMASTI & EAIB Securities . Join both groups.
To get more Cash+F&O calls for intraday+positional trades, join our PREMIUM SERVICES.
Only accuracy here!!!!
For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303
No comments:
Post a Comment