Morning Update at 0800hrs for Intraday Market Level

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findvikas

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Totally disagree with your levels... go only short at 4430-4450-4470 no longs at all... :)

No good news at doemstic front but of course bad global clues are a dent...
These levels are on both side and intraday only, its on the basis of support & resistance. Day is not over so lets wait and see how wrong I am.... Please do not blindly follow my levels
 
I went short few days back at 435 and covered at 420 :)

My broker doesnot allow me to go short over 1 day... also it takes T+2 days if I go for delivery so I am stuck with stock for 2 days before I can sell them... I am in Syd and find it quite hard to open new accounts due to paperwork required...

Any suggestions...

Nice call tho :)
 

findvikas

Well-Known Member
Lets see if we touch back 4430-4444 or not... please do not follow it if you do not agree

June IIP sees stupendous recovery; at 7.8% v/s 5.2% YoY...
buy nifty 4370-4380 sl 4350 tgt 4430-4444 risky call

4370 to 4390... low was 4351.20 and did not touched SL of 4350 :D... lets hope it cross 4418 to bring bulls back for "INTRADAY" dont be confused and take long delivery... we are still in short term bearish trend with a target of 4115 on downside
 

praveen taneja

Well-Known Member
Lets see if we touch back 4430-4444 or not... please do not follow it if you do not agree

June IIP sees stupendous recovery; at 7.8% v/s 5.2% YoY...
buy nifty 4370-4380 sl 4350 tgt 4430-4444 risky call
:clapping::clapping::clapping::clapping:4445
 
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