DAY TRADING STRATEGY - JULY 19

Hi pals,

Many of my friends asking why Nifty did not slide upto 5110 within 15^th of July after crossing 5240 as I update in my site?

I really wonder these type of innocent

queries.

I had clearly updated in previous pages that Nfutures should trade below 5240 continuously for 2-3 hours and if and only if it happens, it would slide upto 5110.

Which means it should find 3 consecutive 1 hour closes below the levels and that would not happen till now..

Otherwise, it has been told that future price would hike upto

5516.

And that is what is happening now.

Dear readers, friends

pls. pls. pls., read in between the lines very carefully before calling me.

Also please stick to the levels and trade.

Blind trading may push one into pit

SO PLEASE BE CAREFUL

NOW

DAY TRADING STRATEGY 
OF NIFTY FUTURES - JULY 19

Range Bound between 5379-5436

Good resistance @ 5436

Strong Support exists

between 5363-5373

If sustains above 5385 and cuts 5405 a hike upto 5418-35 is possible

Problem for Bulls in intraday if 5363 breaks

BANK NIFTY

No problem for Bulls if index sustains above 9996 for 20 minutes

If happens, hike upto 10070-10090 is possible

Otherwise, sell @ 9975 for the nearest target of 9953

Intraday Support @ 9953

Read carefully…

Time theory says

If trades below 9984 for an hour

And cuts 9953,

Upto Tuesday 11:40a.m. downtrend is continued and within that time, it would kiss 9905-9890 with 10025(high) as a stoploss point.

AN IMPORTANT NOTE

As APPLICABLE VOLATILITY falls day by day, pls be careful in fixing the targets in Nifty and Bank Nifty.

Exit with the attained profit as soon as possible. This advice is particularly for day traders and option traders

ALL THE BEST

SHARE TIPS TODAY (JULY 19)

INTRADAY

Sell TCS @ 834 at the opening bell

watch a slide upto 826

within minutes

POSITIONAL

Buy EVERONN whenever it hits 626

and hold for 10 days

The price would get triggered any time

within this month.

Minimum target upto 660 seen on Cards within 10 days.

 

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For further details,

Contact Admin (Editor) @

(0)9788563656

&

(04142)236656

-Mahindeesh (a) Sathish

 Cuddalore-2

 Tamil Nadu

 India

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