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NIFTY INTRADAY LEVELS FOR 4TH SEPT


Nifty had a big rally on tuesday, and expected to show some profit booking today.

breaking 4464 fut nifty will be weak , and can fall to 4447-4424 for the day.

now for deciding the trend, 4415 is a very important level, till 4415 is held, nifty's tgt is 4640.

i dont expect any major move today, specially on the upside, so stay cautious and book small profits.

Another factor to watch out for is, that dow fell almost 300 points from day's high on tuesday's trading, and crude might have bottomed out. these are the other reasons to be careful about.

next buying comes if nifty holds 4415 in nxt few days.

NIFTY INTRADAY LEVELS FOR 2ND SEPT


Nifty fut will trade strong for the day above 4321, real strength will come only if 4378 is crossed, whr nifty can hit 4393 to 4423.

breaking 4321 will be weak, and tgts will be 4290-4270

by the end of the day, some profit booking may come due to holiday on wednesday.