Market forecast : Nifty heading towards 8300

free nifty bank nifty and stock trading tips for 19 june 2015

Nifty future today closed at 8156 with gains of 77 points. In intraday nifty hit high around 8178 while low was at 8089. Total 90 points intraday range and nifty given bullish breakout above 8125 spot. Nifty future still trading in discount due to fear. Option side 8100 put options writing seen suggesting strong support zone on downside. Now traders keep long view for nifty with stop loss below 8100 spot and for target 8310 spot. This target might meet in next week. Closing below 8100 means possible new low for nifty spot.
Banknifty future today closed at 17688 with gains of 167 points. Intraday bank nifty high was at 17750 while low was at 17564. Total almost 200 points intraday range and strong recovery signals on daily chart. Option side banknifty 18000 call option writing continues suggesting strong hurdle for banknifty spot. For tomorrow above 17400 keep buy on dips view for banknifty with price target 17730 and above it 18250 is positional or next week target. 17780 and 18250 still strong supply zones.
In Nifty 50, reliance and lupin given 5% gains for intraday. While zeel and techm lost almost F&O market, IOC and ENGINERSIN rallied 6%.while in lowers AMTEKAUTO was down 14% on news flow. ADANIPOWER continue to make new lows and lost 7% today.
For tomorrow, free stock tips will be TATAPOWER. Buy for intraday around 72 with stop loss 70 for target 75-76.

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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