Market tomorrow : 8125 is strong hurdle

free nifty banknifty future and stock tips 18 june 2015

Nifty future today closed at 8078 with gains of 31 points. As expect hit high near 8124+ and then we saw sharp supply form market in minutes. Today nifty fut. hit high at 8127 while low was at 8042. Total 86 points intraday range and closed with gains. For tomorrow, 8125 is strong resistance. If we get breakout above it and sustain then go long for target 8310 with stop loss below 8050. Below it outlook remain bearish and target still remains at 7815. Small traders must stay away from market while risky traders keep wait and watch strategy and trade according to levels. Option traders can use 8100 call options or 8100 call options for trading according to levels breakout or breakdown.

Banknifty future today closed at 18526 with loss of 50 points. In intraday banknifty hit high around 17689 while low was at 17475. Total 210 points intraday range and negative closing on profit booking. For banknifty spot level 17730 will remain strong hurdle below it expect downside up to 16750. If gives breakout above it and sustain then go long for target 18250+.

In nifty 50, cipla and HINDUNILVR are top gainers with 4% gains while Vedanta continue to slide or merger issue and closed with 3% plus loss. Powergrid also seen profit booking and closed with 2% loss. In F&O market, Dish Bull Run continues with 6% gains and DHFL rallied 6% on affordable housing news. Today Vedanta and powergrid are top fno losers. FINANTECH today goes home with 17% gains on value buying as well as positive news flows.

For tomorrow, free stock tips will be BHEL. Sell BHEL stock around 245 with stop loss 250 for intraday target 235 to 230.

The Author

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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