Thursday, July 29, 2010

29th July 2010 (PreMarket)

Today's Market

Today is the final day for July Expiry, our PREMARKET and LIVETRADE

Nifty may open gap down due to yesterday's profit booking. Nifty has a very Strong support at 5470-50 levels. Still we recommend same stratagy for Risky Traders, Keep SL at 5350 in lower side and upper side SL 5410 .

:: FII Activity ::
FII activity in Equity Rs. +593.16 Cr. as on 28th July 2010
FII activity in Nifty Rs. -738.75 Cr. as on 28th July 2010

:: Trend Decider Level ::
Good Above 5386 and Weak Below 5354

:: Todays PreMarket Trades ::

Uptrend
(If opens Flat)
Buy at 5386 with StopLoss 5366
1st Target 5406 2nd Target 5426

For Risky Traders
(If opens Flat and cant cross 5404)
Sell below 5384 with StopLoss 5408
1st Target 5362

For Risky Traders
(If opens flat and comes down but holds 5350)
Buy around 5360 with StopLoss 5340 Target 5384

:: REMINDER ::

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Nifty in view of experts