TRADE4DREAM-Shekhar Tech:Intraday Views for 27th May

Today’s Trading potentialies (breakout system) for 27th May

Nifty Future above 7385...may reach 7405/7420/7440/7460/7480/7500/7520

Nifty Future below 7345...may reach 7330/7310/7295/7280/7265

1st target achieved...

2nd target hiitt...

3rd target hiiittt...

Profit of 50 points

Enjoiy freeee callssss....

Nifty Index Daily Outlook: 27.05.2014

Nifty Index Daily Outlook: 27.05.2014

As written in our Daily Outlook, to-day 26.05.14, Nifty Index on opening move rallied above our final hurdle of 7455 to 7504 to show the solidarity for Modi's Swearing in Ceremony, but the short lived joy witnessed a very sharp profit booking dragged Nifty to 7270 near our support level and closed at 7359.05 above support zone with weak note.

We expect on Tuesday 27.05.14,

Nifty may try to move above 7370-7386 band further strong move above 7386 may take Nifty to 7410-7435-7475 levels. On the other hand Nifty may try to hold at 7341-7322 levels further weakness below 7322 may drag the Index to re-test 7296-7315-7298-7280-7269-7240-7230-7206 levels.