Thursday, July 24, 2014

Intraday Trading Calls - 24 July 2014

Date 24/7/14, Time 9.36 - Buy Nifty Futures at 7775. Stop 7760. Target 7830.
                      Time 9.36 - Buy SBI @ 2543 Stop 2536. Target 2580. 

                 

Nifty Technical Outlook, Positional & Intraday Trading Levels, 24 July 2014

Today, 7765 is the crucial intraday level for Nifty.
If Nifty sustains below 7765, then it could test 7720 and below that level it could test 7660.
Instead, if Nifty trades above 7765, then it could test 7830.


Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 24 July 2014

Today, 7765 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 7765, then it could test 7720 and below that level it could test 7670
Instead, if Nifty futures trades above 7765, then it could test 7830.


Sensex - Technical Outlook and Trading Levels, 24 July 2014

Today, 26200 is the crucial intraday level for Sensex.
If Sensex sustains below 26200, then it could test 25950 and below that level it could test 25750.
Instead, if Sensex trades above 26200, then it could test 26300.

Technical View of Cnx IT & Bank Nifty, 24 July 2014

Bank Nifty Intraday levels and trading tips
Today, 15580 is crucial for Intraday.
If Bank Nifty sustains below 15580 then it could test 15500 and below that level it could test 15250.
Instead, if Bank Nifty trades above 15580, then it could test 15700.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 24 July 2014

Reliance

Today, 1040 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1040 is crucial for short term. Positional Traders, trade long above 1040 for a target of 1050. Trade short below 1040 for a target of 1020.