Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 1 Aug, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 1 Aug 2018
----------------------------------------------------------------------------------------------------------
The market continued its positive momentum with the Nifty closing at a record high of 11,356 on Tuesday. The market breadth was positive with almost two advancing stocks for every decline on the NSE. On an intraday basis, we did see the index dip into the negative, but the same got bought into and it went on to hit new highs. Thus, investors can use the declines to buy into for higher levels.
As long as the Nifty holds above 11,260 levels, we expect the index to head towards 11,470 levels, with immediate resistance placed at 11,400 levels. A break below 11,260 levels may see the market test the breakout gap area of 11,210-11,170, which will now act as support.
In Nifty options, maximum put and call open interest stands at 11,000 and 11,500 strikes, respectively. Put writing was seen at 11,200 and 11,300 strikes, which suggests that supports are shifting higher. Call writing was seen at 11,600 strikes.
For Quick Trial Contact:
✆ - 09699997717✔
✆ - 0731-6626191 ✔
Mail: info@ways2capital.com
✆ Join us on WhatsApp @ 89620-00225 ✆
✆ 24/7 Customer Care 1800-3010-2007 (Toll Free)
0 comments:
Post a Comment