Nifty Prediction Update 2.30PM:
Nifty sideways consolidation continues. We expect volatility to pick up towards Nifty March series expiry. During volatility we could see 8402-8470 panic bottom being formed. As of Now its better to play wait and watch game, rather than forcing a trade or until we get confirmation of Minor Trend reversal.
Nifty Trading Calls Update: 2.30PM:
No fresh trading calls given.
Nifty Prediction Update 11.45AM:
Nifty is currently consolidating since morning trade. We expect Nifty to break below yesterdays low and make a panic bottom between 8402-8470 Nifty Spot levels.
Nifty Trading Calls Update 11.45 AM:
We have not given any fresh Nifty Trading Calls since morning. We have suggested our clients to wait on sidelines for panic bottom to be created. Avoid over trading as Nifty could get very volatile within the next 48 Hours.
Nifty was very volatile on 24th Mar 2015 with wild swings on both sides. Finally Nifty lost all gains and closed at 8543. Flat for the day.
Keep a watch on Bharti as its showing signs of leading the rally towards 9120+
As per our Nifty Prediction Trend remains down,however we do not recommend fresh selling at current levels.
There are important supports at 8470-8452-8402 Nifty spot levels as per our Nifty Prediction nifty will end its current down move between 8400-8470 and start sharp Rally towards 9120+
We will BUY only on confirmation of reversal or if we get a small SL near 8453-8470-8402 ,till then it would be wait & watch game.
Nifty Trading Calls Given Today
SL Got Triggered