Nifty Technical View, Intraday Stock Market Trading Strategy, NSE BSE Calls, NSE Intraday Tips, Best Stock Picks, Bank Nifty, Nifty Range, Nifty Levels For Today, Wednesday, 8 August :
NIFTY OUTLOOK
Nifty is already in short term buy zone and likely to consolidate by holding above 5281. Nifty opening view is looking positive with 20-25 points up.Nifty may take the range of 5360.1 to 5373.3 and more while holding below 5281 Nifty spot may see some profit booking with possible down side move to 5247.9 and further depends upon the movement of markets.
NSE NIFTY TREND: Holding above 5281 will be the support to market and sentiments are good even if market come close to 5281. Resistance for Nifty is seen near 5371 for Intra Day and above that level its survival is not looking possible.
NSE NIFTY : Sup1 5303 Supp2 5263 Pivot Point= 5335 Res1 5374 Res2 5406
BANK NIFTY LEVELS TODAY: Res2 10,707.07 Res1 10,643.88 Pivot Point= 10,553.72 Sup1 10,490.53 Sup2 10,337.18
NSE NIFTY TREND: Holding above 5281 will be the support to market and sentiments are good even if market come close to 5281. Resistance for Nifty is seen near 5371 for Intra Day and above that level its survival is not looking possible.
NSE NIFTY : Sup1 5303 Supp2 5263 Pivot Point= 5335 Res1 5374 Res2 5406
BANK NIFTY LEVELS TODAY: Res2 10,707.07 Res1 10,643.88 Pivot Point= 10,553.72 Sup1 10,490.53 Sup2 10,337.18
NSE INTRADAY TIPS TODAY
1) Axis Bank : Buy between 1083-1088 Targets 1105 - 1115 Stop Loss- 1075.
2) HPCL: Sell between 314-315 Targets 308 - 305 Stop Loss- 317.5.
3) Jaiprakash Associates : Buy above- 78 Targets 79.80 - 80.60 Stop Loss- 77.2.
2) HPCL: Sell between 314-315 Targets 308 - 305 Stop Loss- 317.5.
3) Jaiprakash Associates : Buy above- 78 Targets 79.80 - 80.60 Stop Loss- 77.2.
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