:: Nifty Volume Watch ::
We see Nifty in SELL signal but this time it has generated this pattern with very low volume.
As told in earlier post if Nifty hold 4986, it may bounce back till 5204, yesterday Low 4985 (Exact), still we see same today also but now we have revised our Level till 4948 for more Safety.
Resistances : 5024-5050-5080 (Bold Indicates Strong Resistance)
Supports : 5000-4986-4952 (Bold Indicates Strong Support)
Todays PreMarket Trade:
Nifty may open gap down due to international market...
Uptrend
Buy around 5008 StopLoss 4984
1st Target 5028 and 2nd Target 5048
Nifty if sustain above 5056 for 2-minutes than 3rd Target 5072.
Downtrend
Sell Below 5001 with StopLoss 5018
1st Target 4986 2nd Target 4966
Nifty if sustain below 4960 for 2-minutes than 3rd Target 4942-32.
:: Risky Trade ::
Nifty does not seems to break 4960 and will bounce back from this level.
Buy at 4970 with StopLoss 4952
1st Target 4990 2nd Target 5012
(Avoid this trade if Nifty breaks 4960)
:: Be Alert ::
Safe Traders Do Intraday Trading Only with Uptrend
Positional traders can Enter Above/at 5034 Level for Target 5374 with SL 4948 in June Expiry...
:: Remember Always ::
We suggest to keep at least 1% of its price as Stop Loss in All Equity Stocks.
Let your friends and relatives also ENJOY our LIVE TRADING
Tell them to Join Us on YMessenger ID : angeltrade.vardhman
...WISHING YOU A VERY HAPPY TRADING...
