STOCK MARKET TIPS FOR 04 FEBRUARY 2019 MONDAY

NIFTY CASH CLOSED AT 10894

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Since Tuesday I was giving target of 10756 10804 and 10946 for NIFTY while all experts on TV and whole world were in panic and were advising to sell off.

And finally, last week only on Friday, NIFTY CASH fresh high of 10984 :). Not only this, all my stocks that I advised on my LIVE BLOG went on to make new highs along with NIFTY.

And as soon as I advised to book full profit, after that suddenly it fell sharply to close 10894 :)

I hope you all are earning so well with my 100% free 101% accurate stock market tips and targets.

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Anyway, for today..

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10988 is the short selling SL on CLOSING BASIS if you thinking of short NIFTY. If it will break 10812 and sustain there than it will also touch 10800 to 10792, and in more panic it can go to 10784 to 10764 also. But if you can not sell of at higher levels, do not short around 10800, because 10764 to 10792 range is very strong supports and chances are strong that if it will fall to that, it will bounce back upside sharply.

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NOW IT IS ALWAYS SAFE TILL IT KEEPS CLOSING ABOVE 10764 TO 10800 RANGE.And if you are buyer than SL for NIFTY CASH on CLOSING BASIS is 10744. 

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If it will cross 10988 with good volume (better if close also above that) than 11035 to 11170 will be seen incoming days, with only condition is that it must not break 10988 on closing basis.

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On weekly basis it is becoming stronger towards the targets 11035 to 11170 range, IN NORMAL MARKET CONDITIONS, without any bad news or effects related to markets sentiments.

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OVERALL TRADING LEVELS :

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RESISTANCES : 10988 11035 11170

SUPPORTS : 10812 10792 10766

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I will immediately give new targets once it come out of any of these levels viz. 10792 and 10988.

SOURCE : WWW.INDIARIGHTNOW.COM

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