:: Market Today ::
Nifty fell for the second straight day as investors resorted to profit taking ahead of the weekend. Asian and European stocks rose ahead of key US employment data due out later in the global day. The market breadth was even. Earlier in the day the breadth was strong. Banking, realty and metal stocks fell. Auto stocks were mixed.
Today's day was the Most Boaring Day of the Month.
:: FII Activity ::
FII activity in Equity Rs. -305.23 Cr. as on 2nd Jul. 2010
FII activity in Nifty Rs. -462.92 Cr. as on 2nd Jul. 2010
Foreign institutional investors (FIIs) bought shares worth a net Rs 537 crore on 1 July 2010, the first trading session of the second quarter of the current financial year.
FII inflow in the calendar year 2010 totaled Rs 31614.40 crore (till 1 July 2010). FIIs bought equities worth Rs 10508.40 crore in June 2010.
:: Given Trend Decider Level ::
Good Above 5252 (Made High 5285)
Weak Below 5242 (Made Low 5240)
:: Given Todays Live Trades ::
Uptrend
Buy at 5286 with StopLoss 5262 (NotCame)
Downtrend
Sell around 5249 with StopLoss 5266 (SL HIT)
1st Target 5232 2nd Target 5216
Risky Trades for Risky Traders
Buy at 5267 with StopLoss 5246 (SL HIT)
1st Target 5302 2nd Target 5322
Risky Trades for Risky Traders
Sell at 5260 with StopLoss 5280
1st Target 5242 (Achieved)
2nd Target 5230 (Low 5240)
:: Be Alert ::
Below 5230 we see nifty to fall till 5180-65 levels.
Short Selling at higher level is Recommended Today for Risky traders.
:: Positional Nifty Alert ::
NEW-or-Fresh Positional Investers may BUY around 5230 with SL 5180-65 for Target 5542-5600 in July Expiry.
