Showing posts with label Intraday Nifty Tips. Show all posts
Showing posts with label Intraday Nifty Tips. Show all posts
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For intraday trading on Friday, Nifty Futures may face immediate resistance at 5410 and a break out will take Nifty Futures to 5435-5465-5500 levels, where as 5370 will act as immediate support and a breach will lead Nifty Futures further down side to 5345-5315-5380 levels. So traders can take long or short positions as per the above levels for the day and Investors should stay away from markets till Nifty comes down to 5100-5000 levels or stays above 5550 levels, to enter in to the markets.

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For intraday trading on Thursday, Nifty Futures may face immediate resistance at 5360 and a break out will take Nifty Futures to 5385-5410-5440 levels, where as 5340 will act as immediate support and a breach will lead Nifty Futures further down side to 5315-5290-5260 levels. So traders can take long or short positions as per the above levels for the day and Investors should stay away from markets till Nifty comes down to 5100-5000 levels or stays above 5750 levels, to enter in to the markets.

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For intra day trading on Wednesday, Nifty Futures may once again face immediate resistance at 5400 and a break out will take Nifty Futures to 5425-5450-5480 levels, where as 5375 will act as immediate support and a breach will lead Nifty Futures further down side to 5350-5325-5295 levels. So traders can take long or short positions as per the above levels for the day and Investors should stay away from markets till Nifty comes down to 5100-5000 levels or stays above 5750 levels, to enter in to the market.

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Due to investors weak sentiments amid expectations of further rise in interest rates, The NSE benchmark index closed below crucial 5400 Mark. The S&P CNX Nifty ended at 5386.55, down -99.80 points or 1.82 %.
The Nifty futures closed and settled finally at 5382, up by -102.60 points or 1.87 %. It is looking bearish in the coming trading session if it manages to trade support level of 5350 else above resistance level of 5440 it would be in an upward trend.
It has resistance close to the level of 5440 & above this level the next resistance near the 5540 mark. It has support close to the level of 5350 & below this level the next support near 5230 mark.


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The markets closed flat for the second consecutive day with bouts of volatility witnessed throughout the day. The S&P CNX Nifty closed down -9.85 points at 5541.25, down 51 points from the day’s high.
The Nifty futures closed and settled finally at 5545.80, down by 12.85 or -0.23 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5500 else above resistance level of 5595 it would be in an upward trend.
It has resistance close to the level of 5605 & above this level the next resistance near the 5730 mark. It has support close to the level of 5500 & below this level the next support near 5440 mark.



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Markets are set to end the weak on a negative note due to weakness in financial shares as investors turned jittery on expectations of 25 bps rate hike by Reserve Bank of India next week. The NSE benchmark index S&P CNX Nifty, down -35.95 points or -0.62 % at 5749.50.
The Nifty futures closed and settled finally at 5753.80, down by -56.60 or -0.97 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5695 else above resistance level of 5825 it would be in an upward trend.
It has resistance close to the level of 5825 & above this level the next resistance near the 5950 mark. It has support close to the level of 5695 & below this level the next support near 5570 mark.