[MARKETCALLS] Free Nifty Future Tips 12-07-12 From : www.marketcalls.net

[RUPESH YATESH DALAL]

MARKETCALLS‘ VIEW ON NIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!

Yesterday we saw nifty opened in gap down then remained choppy during the day. Near the end session we saw high volatility but in narrow range only. Nifty could not cross 5353 level, which is important  psychological level. Today we may see market opens in gap down. If nifty breaks 5300 and sustain below 5300 level then take care of your long positions. Today Important

event is INFY and TCS results. These event may drive the market today and may define the short term trend for the market. Today nifty support at 5308-5289 andresistance at 5353. Today we may see very high volatility in the market. Since last week nifty is trying to take support above 5300 level. If nifty close below 5300 level then we advise to remain neutral in market.

• STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.
• KEEP SL IN SYSTEM NOT IN YOUR MIND.
• FIRST PLAN YOUR TRADE AND THEN TRADE YOUR PLAN.

NIFTY DAILY CHART

NIFTY DAILY CHART

INTRADAY NIFTY SUPPORT 5308-5289 AND RESISTANCE 5353

NIFTY FUTURE(5322)
Buy above 5355 Target 5373-5391-5410 SL 5342
Sell below 5288 Target 5270-5252-5234  SL 5305

-Always Remember, put SL in your every trade.
-Read Disclaimer before following us.

Rupesh Yatesh Dalal
Head Research Department

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Posted By RUPESH YATESH DALAL to MARKETCALLS at 7/12/2012 08:23:00 AM