NIFTY FUTURE PREDICTION & TIPS FOR TOMORROW : 20th JULY (FRIDAY)
NOTE : BOTH OF OUR PREVIOUS CALLS OF RELIANCE FUTURE AND REC LTD FUTURE HAS ACHIEVED THEIR ALMOST TARGETS AND WE HAVE MADE GOOD PROFIT IN THAT..
WE HAVE BOOKED TOTAL PROFIT OF 42000 IN REC & TOTAL PROFIT OF 55300 IN RELIANCE.
Indian market was trading in sideways movement throughout the day and Nifty future was sustaining above the crucial level of 10930, which was positive that we can takeout from today.Finance Minister today started meeting on improving Real Estate projects and in this meeting Non banking housing finance companies are also included which will act as positive for the sector. Let’s see how this company responds on Friday market.Talking about Index, both bank nifty future and nifty future are expected to trade in sideways to positive movement and still 10930 will act as a crucial support for Nifty future and breakout of 10930 will bring Nifty future down towards 10880-10850 and 11000 will act as immediate resistance for Nifty future and breakout of 11000 levels will bring Nifty future up to 11070. Both MACD and RSI are showing positive signals.Strategy to be followed on Friday market is buying on dips.
Sector to be watch for Infra and construction: Major result tomorrow- Bajaj Auto, Bajaj Holding, Bata India, Ceat Tyre, Havells India, HDFC Life, Just Dial, L&T Finance, Nelco, Mcx, Wipro..
We expect Nifty future to trade in range of 11125-10850 on Friday with bullish movement
NIFTY FUTURE PREDICTION & TIPS FOR TOMORROW:
BUY IRB INFRA FUT ABOVE 190 TARGET 192-195 WITH SL 187
BUY RAYMOND FUT ABOVE 823 TARGET 830-840 WITH SL 814