Nifty - Trade Intraday

[paras_123]

today was an O/S day, expectation of a Normal Day tomorrow.
Selling could be done near resistance and buying near support prices, More or less, expectation of a consolidation period

 

[paras_123]

SBIN holding crucial support for the day at 50,,, sell if cut below 50, nifty will follow it as well..... CHEERS!

 

[paras_123]

5800 - 5850 Important

 

[paras_123]

market looks good, test of 5900 possible

 

[paras_123]

sideways market,,,, entered at 78 exit at 62....

 

[paras_123]

bullish signal,,,, 5680 is still possible to see

 

[paras_123]

martin Pring wave analysis, 5690 and holding above is a bullish signal keeping 5667 SL.
two line break up theory stands at 5720 and above would fetch targets at 5753 and 5781

Cheers

 

[paras_123]

long trades keep a strict stop loss of 5690,,,, and sell below it...
we are a heading upwards today, expect only once we cut 5720....
Expect 5790 in few trading session

View for the day, 5690 - 5720... Make o break.
one should go long in Bank Nifty, would give good returns

 

[paras_123]

longs shouldd book profits and keep on buying once previous high is cut.... don't 4get to book profits....

 

[paras_123]

market seems consolidated, however 25 is still a low and a support, upside target in sideways market on a continuation of bull run stands at 5764,
lower side further support could be seen at 20 level

intraday view, strong resistance, at 5800.
consolidated sideways level 20 to 65.