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Tuesday, April 12, 2016

Update on Nifty levels for the day 12 April 2016





Late buying lifted Indian Market where Nifty and Bank Nifty both gained from crucial lower levels and give breath to Indian markets.


Yesterday  Nifty future gained 116 point and crossed above resistance of 7700 level while Bank Nifty too followed Nifty and added 250 points gains.


This late buying came in Technology, FMCG, Banks and Auto sector.

With expected monsoon at 105 % markets can gather strength from this news in future and with Indian markets being favourites for global investors, analysts believe good days ahead for Indian markets.

Again we minted money in toneeesss... All are moving towards north direction 

We booked full profit in our buy call of  BHEL at 127.25. We recommended buying above 122.

Too told to buy Wockhard pharma around 958---955. Booked part profit around 974 and still holding long.

Hope you all enjoyed on our blog recommendation i.e. on BPCL. Told to buy above 902 with stop loss below 880. It flared and made a high of 922. 


And in then end... We asked to buy Nifty future around 7640—7620 and booked profit at 7691. Too clearly indicated on our blog to buy above 7600. 


We just interpret what market is telling us and tell you the levels. Hope you are gaining a lot with our calls and levels.



Still need trial... Need not to worry at all. Watch more!!




Now what next for today??






Nifty futures has support at 7600---7530 and resistance ar 7740. It looks positive and could test its resistance level of 7740. Once break and sustain above 7740 will take to 7790---7850 mark.




Else it could test its support level of 7660 and then to 7600---7530 again.

7530---7430 act as major crucial support area.

Traders can trade safely with levels only.














More levels and Top Pick of the day will update during market hours. So keep visiting our blog and App!!