Trading ideas for Nov 23rd

Dear viewers,

What a great bounce. Once again Nifty face to 5050 level and heading at 5052. Again Good position in Nifty now. Hereafter, today for bull or bear..?

Today market will be flat opening in morning. If today trade above 5050, will test 5085 level once again. But above 5085 is not possible today. Cos Good resistance for Bull Nifty is 5085. If break 5085 at any session, we might see upto 5135 level.

If nifty trade below 5050, no more up for today. Then Nifty move towards 4985, and trade above with volumes, will take 4950 level. In our view today trade between 5005-5085 level will be expected.

Today nifty try to trade above 5085 level after 2:30 pm.

So trade carefully.

Watch the below levels


5005/5020   5050   5085/5115


PREMARKET CALLS:

Buy Nifty 5005-5020 sl 4990 targets 5050/5065

Sell Nifty 5075-5090 sl 5105 targets 5050/5035

Buy RIL above 2130 sl 2120 targets 2150/2170

Sell RIL below 2130 sl 2140 targets 2110/2090

Buy SBIN above 2340 sl 2330 targets 2360/2380

Sell SBIN below 2340 sl 2350 targets 2320/2300

Buy DLF above 375 sl 370 targets 385/390

Sell DLF below 375 sl 380 targets 365/360

Our sharing place is under design process till Nov 27th. Sorry for inconvenience.

Happy trading.