CALLS FOR 04/03/10
As expected, Reliance participated today and made it easier for Nifty Future to maintain steady up move.
Nifty Future made a high of 5089 and closed at 5081.
TODAY Nifty Future may be bought/trailed with a stop loss of 5040.
On higher side it will have strong resistance at 5175.
Wednesday, March 3, 2010
Tuesday, March 2, 2010
CALLS FOR 03/03/10
YESTERDAY sectors like Bank, Cement and Steel participated, performance of Reliance continues to remain lackluster.
We must remember that for sustained up move in Nifty, participation by Reliance is a must.
One can consider remaining long with stop loss of 4980.
On higher side it will face resistance at 5075 and major hurdle at 5170. At this level it would be better to close long position or trail with tight stop loss.
YESTERDAY sectors like Bank, Cement and Steel participated, performance of Reliance continues to remain lackluster.
We must remember that for sustained up move in Nifty, participation by Reliance is a must.
One can consider remaining long with stop loss of 4980.
On higher side it will face resistance at 5075 and major hurdle at 5170. At this level it would be better to close long position or trail with tight stop loss.
Monday, March 1, 2010
CALLS FOR 02/03/10
On the budget day, market remained in steady uptrend during the 1st half of the day and made a high of 5002, but gave up major gains in the second half of the day to close the day @ 4930
Nifty Future may be bought above 4950 with stop loss of 4920 TGT DEPENDS UPON YUR APPETITE
On higher side it will face resistance at 5000 and 5085.
Nifty Future may be considered weak below 4835
On the budget day, market remained in steady uptrend during the 1st half of the day and made a high of 5002, but gave up major gains in the second half of the day to close the day @ 4930
Nifty Future may be bought above 4950 with stop loss of 4920 TGT DEPENDS UPON YUR APPETITE
On higher side it will face resistance at 5000 and 5085.
Nifty Future may be considered weak below 4835
CALLS FOR 02/03/10
On the budget day, market remained in steady uptrend during the 1st half of the day and made a high of 5002, but gave up major gains in the second half of the day to close the day @ 4930
Nifty Future may be bought above 4950 with stop loss of 4920 TGT DEPENDS UPON YUR APPETITE
On higher side it will face resistance at 5000 and 5085.
Nifty Future may be considered weak below 4835
On the budget day, market remained in steady uptrend during the 1st half of the day and made a high of 5002, but gave up major gains in the second half of the day to close the day @ 4930
Nifty Future may be bought above 4950 with stop loss of 4920 TGT DEPENDS UPON YUR APPETITE
On higher side it will face resistance at 5000 and 5085.
Nifty Future may be considered weak below 4835
Tuesday, February 23, 2010
Monday, February 22, 2010
CALLS FOR 23/02/10
BUY Nifty is above 4850 TGT DEPENDS UPON YUR APPETITE
On higher side 4920 continues to remain a major resistance and above this level it can go up to 4985 - 5010 and 5060.
One can consider going short if Nifty Future breaks the recent low of 4797 with stop loss of 4830 TGT DEPENDS UPON YUR APPETITE
BUY Nifty is above 4850 TGT DEPENDS UPON YUR APPETITE
On higher side 4920 continues to remain a major resistance and above this level it can go up to 4985 - 5010 and 5060.
One can consider going short if Nifty Future breaks the recent low of 4797 with stop loss of 4830 TGT DEPENDS UPON YUR APPETITE
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