Trader's Market

This Month it was entirely for day traders. Wild swings rule the markets. But yesterday it was very much on the expected lines. I have chosen Hindalco, HUL and RNRL for short term delivery calls. All the three was up yesterday, and i hold those scripts for a profit target of 25 to 30%.




Yesterday high point will be the crucial level for today. And still i am bullish on Nifty, that the high point of this year may be broken. But day traders always look for Today and not for Tomorrow. The levels which i give in red is very important support, green is mild resistance and blue means harder resistance.

Levels for today:(Nifty Future)

4424 - 4448 - 4466 - 4494 - 4502 - 4511 - 4562