Market Today
The market slipped into the red after moving between positive and negative terrain near the flat line in early trade. The market edged higher in morning trade. It pared gains in mid-morning trade. The market regained strength in early afternoon trade as some Asian stocks rose. The market extended gains in afternoon trade as European stocks rose at the onset of the trading session. The key benchmark indices regained strength in mid-afternoon trade, having earlier pared gains from the day's highs. The market scaled a fresh intraday high at the fag end of the trading session.
Nifty Future Quote
Open : 5380.20 High : 5404.80 Low : 5371.90 LTP : 5401.05
FII Activity
FII activity in Equity Rs. +676.44 Cr. as on 16th July 2010
FII activity in Nifty Rs. -67.65 Cr. as on 16th July 2010
:: Given Todays PreMarket Trades ::
Uptrend
Buy above 5386 with StopLoss 5366
1st Target 5406 (Almost Achieved High 5404)
2nd Target 5426 (Not Came)
Risky Trade
(If opens Gap Down around 5360-67 and holds 5348)
Buy around 5356-65 with StopLoss 5340 (Came till 5371)
Downtrend
If sustain below 5360 for 2-mins (Not Came)
Risky Trade
Sell below 5422 with StopLoss 5456 (Not Came)
:: Positional Nifty Alert ::
Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Please Revise your Stoploss to 5330 as of Now.
:: Remember Always ::
We suggest to keep at least 1% of its price as SL in All Equity Stocks.
All our levels mentioned are of Future Nifty not Spot Nifty.
All PreMarket and Live Trades are for Intraday Trading only.
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