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Sureshot Intraday Stock Option Trading Tips


For SURESHOT NIFTY OPTION TIPS:
After positive opening and positive strength it try to go above 5550, but not sustain that level and showing corrective rally down side it break the 5400 level that is the support level. Below that we can see the next support level is 5350-5230. And major resistance is 5550.

Over all mor than 500 points wipe out in last week indicate bearishness in the market.
Below 5550 major weakness in the market and may test 5375-5330-5150 higher level resistance 5550 and 5630 watch out in this week. 

BSE INDEX
Yesterday BSE SENSEX showing finally corrective rally and it down 2% and above it near to MS side. Now the next support to watch out for today is firstly 17804 and below that 17388. And major resistance at 18500 level. 

Last week as it was mentioned that Strong resistance is 18450-18500 range and unable to cross this level and also projected the retracement level of rally and retracement level 17926 which is almost achieved target on Friday trading. Now over all trading is bearish and consider resistance 18500, downside brak and trade below 17926 and closing basis will test 16758-16500 and 16100 mark in coming days.

CNX BANK INTRADAY NIFTY
Bank Nifty was showing corrective rally and finally break the 10400 level but close above that level. Below that 10320 is the support level and finally downside tgt. Is 9905. And major resistance is 10750. Major resistance 10509.

VIJAYA BANK
HOT SELL.....HOT SELL ... HOT SELL... Final broken strong support level 88 and play for short sell in opening level.....down side target 82, thereafter free fall...

IDBI
Now consider resistance 140-142 and sell side... down side support exit 137, thereafter real panic in this counter.....

TISCO
We are bearish since broken 700 level and more bearish since 650......on rise to sell side, down side target 600-580 in coming days. 

LIC
We are bearish this counter once broken 195 and every rise recommending to sell side and gaining excellent return... Now what to do......? 

TCS
Our selling point / level 1200 and stop loss 1220 and still holding short position, now last and final support exit 1120, thereafter real panic on the card....

RELIANCE
Unable to cross 953 and started down ward journey... now consider support 900-890 to be watch out.


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