MARKET MARCHED UP ABOVE RESISTANCE LEVEL OF 5620 AND CLOSED ABOVE IT. NOW THE RANGE FOR THE NIFTY SHALL BE 5500 TO 5550. IF NIFTY BREAKS 5500 THEN 5480 AND THEN 5458 WILL BE THE SUPPORT AND ON THE HIGHER SIDE RESISTANCE SHALL BE 5570 AND THEN 5608.
IT IS ADVISABLE TO STAY AWAY FROM THE MARKET AS MARKET MIGHT BE VOLATILE AND BOTH LONG AND SHORTS WILL BE TRAPPED.IF MARKET MOVES HIGHER PROFIT SHOULD BE BOOKED IN NIFTY AND CALLS AND STOCKS AND SIT ASIDE. IT DOESN'T MEANS THAT THERE IS A SHORTING OPPORTUNITY. AGGRESSIVE TRADERS MAY BUY PE5500 FOR PROFIT AT THE END OF THE DAY.
ASTROLOGICALLY: MARKET WILL BE WEAK IN THE SECOND HALF AND WILL CLOSE IN RED(NEGATIVE). CLOSING BELOW 5500 MAY BE SEEN TODAY. BUYING PE5500(JULY) SERIES MAY GIVE PROFITS.
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
IT IS ADVISABLE TO STAY AWAY FROM THE MARKET AS MARKET MIGHT BE VOLATILE AND BOTH LONG AND SHORTS WILL BE TRAPPED.IF MARKET MOVES HIGHER PROFIT SHOULD BE BOOKED IN NIFTY AND CALLS AND STOCKS AND SIT ASIDE. IT DOESN'T MEANS THAT THERE IS A SHORTING OPPORTUNITY. AGGRESSIVE TRADERS MAY BUY PE5500 FOR PROFIT AT THE END OF THE DAY.
ASTROLOGICALLY: MARKET WILL BE WEAK IN THE SECOND HALF AND WILL CLOSE IN RED(NEGATIVE). CLOSING BELOW 5500 MAY BE SEEN TODAY. BUYING PE5500(JULY) SERIES MAY GIVE PROFITS.
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
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