Wednesday, June 2, 2010

2nd June 2010

Good Noon,
Today there are no PreMarket Trades
Avoid Shorting Today...
Resistances : 5024-5050-5080-5110
Supports : 5000-4986-4949-4932

Uptrend
Buy around 4986 with StopLoss 4960
1st Target 5000 2nd Target 5024
Nifty if sustain above 5028 for 5-minutes than 3rd Target 5049.

Downtrend
Sell Only below 4932 with StopLoss 4948
1st Target 4900 2nd Target 4886

:: Suggestion-LongTerm Stratagy ::
* IF you are holding Long Positions, Keep Stop Loss Below 4970.
* IF you are holding Short Positions, Keep Stop Loss Above 5080.

:: Be Alert ::
* NEW-or-Fresh Longterm Investers may wait till 2nd week of June.
* Enter Only Above/at 5080 LEVEL for Target 5374 with SL 4948 in June Expiry.

:: Remember ::
We suggest to keep at least 1% of its price as Stop Loss in All Equity Stocks.

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...WISHING YOU A VERY HAPPY TRADING...

Nifty in view of experts