Tomorrow trading is expected between the broad levels of 5360-5415. If the market breaches the level of 5405 on the upper side then the next resistance level will be 5415. But if nifty breaches the support level of 5375 then it may go down till the level of 5360.
Based on the running trading scenario bank nifty future is expected to trade between the broad levels of 10255-10445. Bank nifty futures can go down till the level of 10255 once it breaks the level of 10290. On the opposite side once breaking the level of 10380, it is expected to go upward till the level of 10445. Bank nifty will be trading between the narrow ranges of 10290-10380.
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As per Federal bank technical research report one should go short in this counter. Federal bank is looking quite weak at current level and is expected to fall further. Positional traders can go short in Federal bank from current level for good gains.
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Today Indian share market traded in blood bath, today down fall is too huge of 4.0 per cent in single trade day. Nifty lose 232 points while Sensex down 783.0 points, BHEL is biggest losser of the day down 11.10 per cent............... FREE STOCK TIPS or Nifty stock calls daily FREE NIFTY TIPS
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SHRISTOCKTIPS a well known stock market advisory who provides stock market tips in all segments like equity, future, option, nifty, jackpot & commodity. Derivative expiry goes wild only in last 60 minutes of trades with short covering rise. Eventually it goes with 10 positive closes in a row. So big and so massive! It seems that there is nothing called over sold. Nifty is neat to 9000 levels again. We think NIFTY heavy resistance is 9000 If able to hold this we can expect 9200-9400 till budget announcement.T his market is expensive at these levels as said by fundamental people too. stock market in indiaWe are advising strong caution at these kinds of levels. Something must come to stop this kind of rally. We always believe, “Correction used to hit on come when least people expect about it and most of time reason of correction is also unknown before event”. It’s a dollar liquidity which took market to these levels. All this is happening in market without any predefined indication. For further updates you can also take our two days free trial to check our accuracy .You can also visit our website: www.shristocktips.com
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