NSE Share Market: Nifty Trend :25/03/2015

Nifty:

Today Nifty may open in Red. As you know tomorrow is expiry day for march month future and option contract.Hence everyone in the market will sell their future and option. The Indian equity market may open in flat with SGX nifty is trading in red at 8574 at 8.50. The Nifty Tuesday closed at 8542 and the Sensex at 28161.

Asian shares were flat in morning trade, with Japan, Singapore and Korea slightly higher, and Hong Kong and Taiwan trading down.

Read more at: http://www.moneycontrol.com/news/market-cues/nifty-may-open-flattrade-sluggish-traders-eye-8500_1338890.html?utm_source=ref_article

Asian share market like Japan and Singapore were open flat in the morning trade.However Hong kong and Taiwan are trading down in the morning session.

Intraday Target:(25/03/2015)

BUY:

If Nifty will open above 8616.14 then it will indicate the strong upper trend.So today on upside first resistance is at 8647.11 .Next resistance at 8654.6 .so once Nifty cross that level you can buy Nifty future 1 lot (25 shares) for intraday trading. Please find the below table . Always my first target surely will reach.

SELL:

You can short Nifty when it will reach 8585.23 Short the NIFTY one lot future at this level. My first target for sell this stock is 8544.37. And when it reaches 8546.6 levels please exit from the trade. And please maintain the stop loss which is mentioned in below diagram.