Saturday, July 9, 2011

Intraday Nifty Tips for 11 July 2011

Market is expected to trade in flat note or with positive bias on Monday. The whole sentiments will depend on global cues and corporate results yet to be come.
Nifty Futures can face a downward trend if it do not sustain the 5650 level. The crucial support for Nifty is 5600, a move below which can take Nifty to fall down more.
On upside 5700-5720 are crucial levels.
Intraday Traders can buy Nifty Futures above 5678 for the targets-5700-5720-5755 Stop-loss below 5620.

Below 5600 go for sell to target 5570-5545 levels.

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Posted By Commodity MCX Tips