Dhanvarsha prediction quiz No 4 ..winner will get 1 week Dhanvarsha tips and support in expiry week ...
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Today's Nifty futures levels..
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Yesterday we wrote
"Gap up opening is expected ..Nifty will play between 5571 to 5699 ...volatility will be at peak ..Initially Nifty will move up then we will see range trades and profit booking may take place after some time .. it may drag market below opening rate... "
market moved as predicted...
Flat to positive opening is expected with extremely volatile session ..Weekly inflation data will be released today and that will effect traders sentiments ..Hero honda ,sesagoa , kotak mahindra bank and yes bank are coming with their results...keep watch on them ..bata started its journey towards South so exit from it If you are holding your long position..it is extremely overbought...and profit booking was noticed yesterday ..expecting its retracement upto 565 or below in next 30 to 40 days ..reason is it moved up from 480 to 645 so 50% retracement can not be ruled out ...
FIIs were net sellers in equities and stock futures on 20 July 11. Pivot for Nifty is 5574 .Nifty may break its 100day Moving average support in today's session....
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