Nifty Regain Supremacy and Intraday Trading Tips

1. Nifty Regain Supremacy and Intraday Trading Tips Indian stocks markets rises more than 1 percent on today intraday trading, erasing their 2.2 percent fatalities suffered on Friday after Britons surprisingly voted to egress the European Union, as investors all ears on improving projection of the domestic economy. The Bombay Stock Exchange Sensex closes at 27000 were roses by 259 points or impel high by 0.97 percent. Nse Nifty Closes at 8288 were credited by 84 points or plant slide slider up by 1.02 percent. The S&P BSE Midcap settling at 11717, up by 145 points or by 1.26 percent, while S&P BSE Small cap closes at 11801 up by 110 points, or 0.94 percent each on Intraday Share Market Trading. Sensex Major Resistance on Upside at 27115-27231-27346 Sensex Major Support on Downside at 26835-26671-26555 Trend Deciding Level at 26951 20 DSMA at 26704 40 DEMA at 26331 Short Term Trend: UP Medium Term Trend: UP Nifty Index Major Resistance on Upside at 8328-8368-8408 Nifty Index Major Support on Downside at 8228-8168-8128 Trend Deciding Level at 8268 20 DSMA at 8186 40 DEMA at 8066 Short Term Trend: UP Medium Term Trend: UP Major Headlines Quees Corp IPO subscribed 41% in today openings Future Enterprises up almost 5% Stock closes at 28.55 Gujarat Narmada Valley Fertilizers and Chemicals zoom to 52 weeks high Nifty Indices On 30 June 2016: Foreign Institutional Investors (FII) Net Bought – INR 1107.42 Crores and Domestic Institutional Investors (DII) Net Sold – INR 190.76 Crores. The Nifty opened gap up and ended the trading session almost at the high point of the day. Throughout the session, the Index maintained its gains. The positive momentum picked up pace in the second half of the session. Moreover, the Nifty broke the previous high and ended June month on a high. Despite the Brexit & Rexit events, the Nifty reclaimed 8300 in June, indicating that the bulls are in control. The Nifty may face resistance at 8336, which is a weekly swing high. The momentum will gain traction if the Nifty manages to sustain above 8336. Meanwhile, the Bank Nifty has also broken above the falling resistance line, indicating a short- term reversal. The Bank Nifty will gain momentum if it manages to trade above 18050 levels. Overall, the trend has turned bullish for the Nifty and the Bank Nifty. We anticipate the Nifty to touch 8530 in the short term, provided it does not breach 8150 on the downside.

2. In the daily chart the index is trading above the Twenty-day moving averages (DMA) and the Forty-DMA, ie 8186 and 8066 respectively. The thrust indicator is trading in negative sort on the daily chart In the hourly chart, Nifty is trading above the Twenty-hourly moving averages (HMA) and the Forty-HMA, ie 8196 and 8181 correspondingly, the hourly impetus indicator encompass turned positive. The market duration was turned positive with 1033 advances and 525 declines, Unchanged 67 Total Issue 1625 on the National Stock Exchange. Nifty Future Major Resistance on Upside at 8320-8351-8382 Nifty Future Major Support on Downside is at 8248-8207-8176 Trend Deciding Level at 8279 Bank Nifty Major Resistance on Upside at 18015-18094-18173 Bank Nifty Major Support on Downside at 17819-17702-17623 Trend Deciding Level is at 17898 30 Days Simple Moving Averages @ 8131 50 Days Simple Moving Averages @ 8015 150 Days Moving Averages @ 7717 200 Days Simple Moving Averages @ 7784 To get good advantage join our paid services Intraday Trading Tips Buy Nifty Fut above 8355 sl 8330 Tgt 8375-8400 {Or} Sell Below 8288 sl 8313 Tgt 8268-8243 Buy Bank Nifty Fut above 17845 sl 17795 Tgt 17895-17945 {Or} Sell Below 17755 sl 17805 Tgt 17705-17655 Multibagger Stock Buy Emmbi Industries Limited 100 Target 130 Time Period: 6-9 Months Curious Fact Swans only have one partner for their whole life if their partner dies they could pass away from broken heart.