CALLS FOR 11/03/10

SELL only if Nifty Future trades below 5090 with a stop loss of 5135.
On down side it will find support at 5055 and 5000.
One should consider going long above 5145 with stop loss of 5100.
On higher side it will find resistance at 5170 and 5225.
It is not advisable to remain short if Nifty Future trades above 5225.

CALLS FOR 09/03/10
We have almost reached the resistance zone of 5150 and 5175.
With Reliance lacking the strength,
Short positions can be considered below 5100 with tight stop loss of 5150. On lower side, it will find support at 5075 - 5050 and 4985.
Weakness will accelerate below 4980.

CALLS FOR 05/03/10

FOR TOMORROW I would continue to suggest going long/trail the Nifty Future with a stop loss of 5040 and
IT can face major resistance at 5175 levels.


One needs to worry about the downside only if Nifty goes below 5000 and closes below 4975.

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.

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.

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

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