STOCK MARKET AND NIFTY CASH AND FUTURE TIPS FOR 20 FEBRUARY 2019 WEDNESDAY
NIFTY CASH CLOSED AT 10641
Yesterday I advised to buy NIFTY CASH at 10639 and to book at 10722, and earned you all 83 RS profit per lot. And as soon as I advised to book full profit, it sharply fell to 10620 where I have advised to buy back.
Stock wise, TWL advised to buy delivery at 56 RS, which jumped from to 61. All other stocks like MOTHERSONSUMI, JINDALSTEL, ONGC, TATAMTDVR etc were also among stocks which made new week highs.
Stock wise, TWL advised to buy delivery at 56 RS, which jumped from to 61. All other stocks like MOTHERSONSUMI, JINDALSTEL, ONGC, TATAMTDVR etc were also among stocks which made new week highs.
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Anyway for TODAY..
I am writing this since 11 FEB MONDAY THAT : today or may not today, but in coming days, it will definitely touch 11056 at least even for 1 second also. But like all my targets came in full speed, this time it may take some time because I see some pressure upon NIFTY until it cross 10808 with huge volume and also trade above the same at least for hour (or better if close above that).
So as exactly I mentioned, this time it really took time to touch 11056, but I am sure it will do that soon, because it was really required it to touch 10633 and 10578 to 10596 range once as per technical rule.
In between, 10584 to 10578 are strong supports that our market can hit because of global or internal political issues, and as I told earlier also, it will bounce back from there again, if it really fall there again.
In between, 10584 to 10578 are strong supports that our market can hit because of global or internal political issues, and as I told earlier also, it will bounce back from there again, if it really fall there again.
Upside, as of now, it has to face many resistances like 10698 followed by 10788 and lastly 10808. These are only 3 levels but they are standing very strong till it cross all these levels and cross also, and I am sure once everything becomes normal, it will cross these all and touch my pending levels like 10898 10992 and 11058 also. Once it will close above 10700, it will give first confirmation that it is prepared for next targets 10812 10872 10928 11014, and after that 11058.
These are just daily overview for safety, and I will give intra day buy sell tips during market hours, but if you have proper margin and want to take positions, you can go with the trading points that I have mentioned.
WEEKLY AND MONTHLY LEVELS :
RES : 10696 10788 10808
SUP : 10584 10578
LONG SL : 10550 on closing basis
SHORT SL : 10898 on closing basis
I will immediately update you with new tips and targets once it come our of this first range
GOOD LUCK :)
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