INTRADAY ADVISE FOR TODAY

1) FTSE 100 - 5688(R1) - 5720(R2) - 5637(S1) - 5610(S2)

2) DAX - 6322(R1) - 6352(R2) - 6262(S1) - 6240(S2)


There is an impression that our market has reached the maximum high already and traveling on the top. But still it can perform further as the Global Cues are doing very well.

Fresh long positions can be initiated from intraday perspective with a strict stop loss (ie) anything is gone below beyond 5% then exit immediately. Meticulous trading will always preserve your capital.

FRESH BUYING CAN BE INITIATED AS FTSE 100 LOOKING TO GO UP.


TOMORROW ITS LEVEL COULD BE AS FOLLOWS:

SUPPORT I - 5225

SUPPORT II - 5185

RESISTANCE I - 5315

RESISTANCE II - 5385