Today Views:
We
are in the beginning of mother of Bull Market.
Stay on long side of the market. Add some more on every dip. We see some
choppy move in Bank Nifty.
!!!BULL LEVEL!!! NIFTY FUT 7444
!!! BEAR LEVEL!!! NIFTY FUT 7010
There
is a selling figure of FII’s in Index Future of more than EIGHT HUNDRED CRORES.
FII continues its buying in cash market of more than THREE THOUSAND SIX HUNDRED
CRORES for a long term view. Trader should need to maintain a strict stop loss
of 7010 of their existing long positions. Nifty may face major hurdle of 7500;
in view of expiry market may face some profit booking. Market may remain high
volatile in coming days.
IMPORTANT INFORMATION ABOUT OUR BLOG
All
Index and Stock call will be posted freely only on www.niftydirect.wix.com/home .
For more details please visit on www.niftydirect.wix.com/home, Column: Today’s Views.
For more details please visit on www.niftydirect.wix.com/home, Column: Today’s Views.
DAILY
TREND
(Nifty Future May’14
Series)
|
SYMBOL
|
VALUE
|
DIRECTION
|
ACTION
|
CONCLUSION FOR POSITIONAL
|
|
5Hrs BB Middle
|
7015
|
UP
|
BUY
|
TOTAL BUY
|
TOTAL SELL
|
|
DAILY MA (10)
|
6957
|
UP
|
BUY
|
8
|
1
|
|
DAILY BB Middle
|
6877
|
UP
|
BUY
|
STRONG BUY
WITH
STOP LOSS 7010
|
||
DAILY MA 20
|
6877
|
UP
|
BUY
|
|||
DAILY MA 50
|
6765
|
UP
|
BUY
|
|||
DAILY MA 100
|
6492
|
UP
|
BUY
|
|||
DAILY MA 200
|
6248
|
UP
|
BUY
|
|||
RSI (14)
|
78.97
|
UP
|
OVERBOUGHT
|
|||
Bull/Bear Power(13)
|
442
|
UP
|
BUY
|
|||
FII Index Fut.
|
-847.77
|
Down
|
Sell
|
|||
