Daily Chart View..
Nifty future short term bullies trading on 8325... support..8250, if trading below 8250 will bear.
For the day look for intra-day clue from the intra-day trading strategy mentioned below for isolated purely intra-day traders.
Purely for Intra-day Traders irrespective of Trends:
Buy call: If Nifty future trade on 8385...then 8410-8435-8460
Stop loss: 8355 or day (10:00am o’clock)of the low…
Sell Call: If trade below 8355 then 8335-8322-8305
Stop loss: 8385 or Day (10:00am o’clock)of the high.
Gold slipped nearly 1% early on Monday after a short covering rally in the previous session, fuelled by a softer-than-expected US jobs report, showing that the metal was still not out of the woods.
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50-share NSE Nifty touched the 8400-mark led by banks and auto stocks, up 38.50 points at 8401.15. And 30-share BSE Sensex climbed 181.85 points to 28091.91.
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The FIIs were net buyers of Rs 458.04 cr in the cash segment on Tuesday while the DIIs were net sellers of Rs. 516.98 cr, as per the provisional figures released by the NSE.
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