• Trading Account
  • Downloads
  • Nifty Options OI
    • Nifty Max Pain Chart
    • Nifty Option Change in OI Chart
    • Nifty Put Call Ratio
    • Nifty Option Total Change in OI
    • Nifty Trend Finder
  • BankNifty Option OI
  • About Us
  • Learn Technical Analysis
    • Advance Option Trading Course

OurNifty.com

A Indian Stock Market Blog

  • Forex
  • Gold
  • Intraday Stocks
  • Midcap Stocks
  • Multibagger
  • Nifty
  • Nifty Option
  • NSE
  • Amibroker

Nifty future Intraday trading Analysis for July Series

By Bhaveek Patel 2 Comments

Nifty Future has been in negative mood after making a top around 5370 level. Now nifty future has reached its psychological support level of 5100, I am of the view that Nifty future will take support at this level as yesterdays closing has formed a Doji candle which is considered as a sign of reversal, as nifty future is trading around its support zone and Doji candle forming there is better idea to take long positions. So exact trading plan would be to Buy nifty future around 5050 – 5060 zone for upside targets as 5100 and then 5165 levels, while stop loss for this trade will be placed near 5035 level. Traders willing to take more risk may also take long positions on Nifty 5000 call option near 70-73 for target as 109 and then 165, stop loss is based on position of future if nifty future trades below 5035 then exit this position and book loss.

Results of most of the blue chip companies are out and most of them were inline the street’s expectation. So no more surprises from results front. However markets are expecting reforms from government as president elections are also over, if those reforms come then markets are going to see decent rally again. Article published on 25 July 2012.

We are also conducting seminars on technical analysis at your city, call +91-9970777789 for more details.

Share2
Tweet
Pin
2 Shares

You Should Read This:

  1. Trading Analysis on Nifty Futures For 20 July 2011, Buy above 5606 for target 5670 Nifty future is trading in tight range from past 4 sessions, this consolidation should not be ruled out for longer period of time and we should see a breakout in the positive direction. At CMP...
  2. Trading Analysis on Nifty Futures For 18 July 2011, buy above 5577, For Target 5628 Nifty futures is trading flat today, at 10:30 AM today. But the closing that we have seen in last week suggest us that there is now up side possible and we are now looking for...
  3. Nifty Futures Trading Target Level For 3 June 2011, Buy above 5574 Nifty futures has sown the sign of the reversal in its downtrend we are now expecting the upside form the current levels targeting the 5690 level in near term. However we will advice traders to...
  4. Intraday Trading Analysis for Nifty Futures Today, Trading the RBI credit Policy Sell Nifty Futures, For Target 5520 Nifty futures seen deep correction just after the RBI declared its credit policy, hiking the interest rates, reverse repo and repo by 50 bps basis points and keeping the CRR cash reserve ratio unchanged at...
  5. Best Intraday Trading Strategy for Nifty Future, Using Technical Analysis Levels Nifty future is one of the most traded contracts on the National stock exchange (NSE), many traders follows day trading method in their trading strategy. Markets are mostly unpredictable as per their nature, but using...

Category: Nifty Tags: Intraday Trading/ Nifty 5100 Call/ Nifty Future/ Trading Analysis

About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous Post: NSE EOD database for Amibroker, Update till 20 July 2012
Next Post: How to make maximum profit from Nifty future Technical Analysis

Advance Options Trading Course

options trading course

Lowest Brokerage Trading A/c

Lowest brokerage trading account opening in India

Learn Technical Analysis

technical analysis course

Recent Articles

  • ASX Penny Stocks List for 2023
  • 7 Ways to Boost Your Revenue
  • NYSE Penny Stocks List for 2023
  • Short On Cash? Here’s How You Can Manage Your Priority Spends
  • FREE Webinar on Option Chain Analysis
  • LSE Penny stocks list for trading in 2023 Should you buy?
  • BSE Penny Stocks List 2023

Popular Categories

Amibroker Finance Forex Gold Intraday Stocks IPO Midcap Stocks Multibagger NEWS Nifty Nifty Option NSE Short Term Stocks Technical Analysis

About Us | Contact Us | Privacy Policy | Disclaimer


Copyright © 2009 - 2023 OurNifty.com Trading ideas published here cannot be reproduced without permission from the author.
OurNifty is Powered by Wordpress and hosted on Digital Ocean