Negative to gap down opening with possibility of more pressure on market due to negative impact on bank nifty by RBI action . SGX nifty is trading well below 45 points see here http://dhanvarshagroup.blogspot.in/.
Trade in Nifty Futures as per these levels
Buy at / above: 6064 Targets: 6080 – 6100 – 6120 – 6139
Stoploss : 6045
Sell at / below: 6045 Targets: 6028 – 6009 – 5989 – 5970
Stoploss : 6064
Dhanvarsha is holding short Nifty as per Chat room instructions
[×] [o] Admin: sgx nifty now at 6069 you are holding SHORT between 6125 – 6140 so 50 or more Nifty points opening Dhanvarsha Gift
×] [o] Admin: Interest rates are likely to inch up and growth prospects may worsen with the Reserve Bank of India introducing more measures to make money scarce in its bid to prop up the rupee
24 Jul 13, 08:21 AM
[×] [o] Admin: “The follow up measures taken today clearly indicate that there is a firm resolve to tackle any speculative activity in the forex market. It also shows that RBI is willing to sacrifice everything including growth to manage the currency. These measures will put upward pressure on deposit rates and also push up bond yields” said Ashish Vaidya, head of fixed income currency and commodities as UBS.
24 Jul 13, 08:22 AM
[×] [o] Admin: http://timesofindia.indiatimes.com/business/india-business/Rates-may-rise-as-RBI-squeezes-money-flow/articleshow/21293336.cms
Nifty Outlook & Trading levels for 24 July 13
Get 15 Days Free Trial on Nifty, SENSEX, Equity Intraday and Today 24/07/2013 Indian Share Market Updates and tips Calls Click on Nifty Share Tips and Tomorrow Equity Tips
ReplyDeleteTrend is declining, and remains volatile due to expiry of July future contract tomorrow. Intraday resistance today at 6034-6120 and support near 5948-5862. Nifty trading tips
ReplyDeleteThanks for sharing such a great information with us, we also provides beat stock tips, commodity tips, mcx ncdex tips, gold silver price, equity tips, nse bse market updates and get free trial also visit online trade and Intraday trading and Nifty Trading Tips
ReplyDeleteThis is one of the best blog that entails very informative and important details. I really like this blog. We also provide nifty futures tips | nifty trading tips
ReplyDelete