Get free stock market tips, daily stock market tips, share market tips, stock investing tips, daily share market tips, MF investing tips, Mutual FUnds tips, Stock market basics, stock market tutorials, Indian share market tips, BSE closing, SENSEX closing, NIFTY closing, BSE daily rates

Custom Search



Tuesday, August 2, 2011

NIFTY futures for tomorrow 3-8-2011 and week


With global economic uncertainity at all high and US economy in shatter mode, Indian stock markets are also following it's peers and is in downward mode.

If Nifty Breaks 5466-88 level will create panic and next good support should be available at 5177 level. Closing below 5177 will take down nifty to unexpected levels. any growth above 5511 will put nifty in range bound for rest of this week. so bulls have to keep 5444-spot as stoploss for all longs.
keep this stoploss also for the longs in stock future and banknifty. If we talk about bears, who have initiated shorts have to keep 5488 as stoploss. the downside targets are 5355/5266/5177. Rest depends on how US Stocks behave today, If it ends lower then Indian markets shall remain subdued tomorrow.

HAPPY TRADING

No comments:

Post a Comment

 

Disclaimer:Stock Market trading involves risk and this website does not warrant or make any representations regarding the use or the results of the materials posted on this website or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. www.stockinvestingtips.in does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. We clearly state that we have no financial liability whatsoever to any user on account of the use of information provided on the website.
All content within the www.stockinvestingtips.in website is property of www.stockinvestingtips.in and may not be reproduced or duplicated for any reason without the permission of www.stockinvestingtips.in


© Copyrights reserved | for Advertising on this website mail at : know_himanshu@yahoo.co.in for terms and conditions