NIFTY FUTURES TIPS FOR TODAY 17 JAN:
NIFTY Trend-Flat to Strong
SENSEX Trend-Flat to Strong
If NIFTY breaches 4904 and stays above atleast 4888 with good volume then NIFTY trend is becoming STRONG and may see 4920 and 4945.
If Nifty breaches 4844 and stays below 4860 then NIFTY trend is said to be WEAK.Then expected lower targets are 4828 and 4790.
If SENSEX breaches 16287 and stays above 16237 with good volume then Sensex trend is becoming STRONG , possible upper targets are 16337 and 16425.
If Sensex crosses 16092 and stays below 16141 level then Sensex trend is said to be WEAK.Then expected lower targets are 16042 and 15915.
Intraday break out level to watch on NIFTY Spot- 4904
Intraday break down level to watch on NIFTY Spot- 4844
BANK NIFTY FUTURES TIPS FOR TODAY 17 JAN:
BUY -8980 TARGETS -9025,9085,9180 SL-8950
SELL-8913 TARGETS -8875,8800,8710 SL-8939