On last Friday, I hope you all earned with my LIVE TIP on my blog today with our OPTION DAILY CALL. We advised to BUY 8000 NIFTY PUT at 22 and till closing time it reacehd at high of 29 and we advised there not to carry forwrd and BOOK PROFIT around 28-29 RS. I thik its much enough of earning 7 RS in 22 RS item.
Plus my TATAPOWER and PNB also kept going up in falling market also and today made new highs.
I also advised to BUY J&KBANK and it closed there around only near our buy price.
NITFY CASH crossed my 8296 level (but as I already mentioend condition) it could not sustain above 8296 and fell freely and THAT IS WHY WE ADVISED TO BUY PUT OPTION during market hours.
So overall good day as we played limited for safety and also earned good.
Anyway, for today,
NIFTY CASH : CLOSED 8244
8296 ( as I mentioned for Friday also ) and 8308 are built up as very strong resistance for today. It will go to 8332 ONLY IF it will cross these levels with good volume and also sustain above 8308 for few minutes ( except first 15 minutes of opening). If in any case 8332 is really crossed for 5 minutes also (without breaking it ) than expect ONE WAY NON STOP RALLY till 8378. BOOK all your intraday and positional profits there.
Now, 8208 is next very important and strong support initially. It wil fall further ONLY IF it trades across this level for few minutes with high volume, otherwise it will not fall further or will come back up, but once this level is broken than expect 8164 to 8140 in few hours only or next day for sure if it does not close above 8208.
That is it for today, untill it cross these down and upper levels. The advised strategy for today is to sell with confidence near my resistance levels that I have already mentioned and try to buy once and book faster near the sfirst support evel that I have mentioned.
For stock specific advise I will update here on this same blog or same page very soon. Keep watching.
You can also keep eye on
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GOOD LUCK :)
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