Wednesday, 27 July 2011

Nifty Intraday July 27th

Our short call on SBIN & HDFCBank have returned generous profits to investors. 


Nifty today looks okay above 5590

Buy Nifty above 5590  for targets of 5603, 5622 , 5640 SL - 5568 

Sell Nifty below  5568 for targets of  5553, 5534, 5515 SL 5587



5535 IS INDEED THE LAST SUPPORT THAT THE BULLS HAVE IN THIS MARKET. A BREAK BELOW 5480 SHALL MAKE THE MARKET BEARISH.


Happy Trading. 

1 comment:

  1. Wednesday the Sun (confidence) forms an alignment with Uranus (risk) and Pluto (power, corporations) that may improve sentiment significantly. Thursday and Friday’s Mercury-Venus-Neptune pattern also looks positive so that should also augur well for the bulls, although Friday may see a return to some weakness.

    I think in Nifty hold 5570 today we'll have good rally, considering positve astrological support and Dollar index down to 73.5

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