Tuesday, September 7, 2010

7th Sept. 2010

Market Today

Good Morning,

Yesterday we seen a great rally with strong buying in metals, realty, auto, oil and gas. Nifty continued its upward momentum and given High 5589.25. Indian shares hit 31-mth high on U.S. data relief rally.

:: FII Activity :: REMARKABLE
FII activity in Equity Rs. 946.53 Cr. as on 6th Sept. 2010
FII activity in Nifty Rs. 820.46 Cr. as on 6th Sept. 2010
DII activity in Equity Rs. 392.13 Cr. as on 6th Sept. 2010

Resistances : 5570-5596-5610 (Bold indicates strong level)
Supports : 5554-5514-5494 (Bold indicates strong level)

:: Trend Decider Level ::
Good Above 5586 and Weak Below 5556

:: Todays Market Trades ::

TO VIEW TARGETS PLEASE BE A MEMBER

Uptrend
Buy only above 5586 with StopLoss 5554

Downtrend
Sell below 5554 with StopLoss 5576

For Risky Traders
Sell around 5570 with StopLoss 5594

:: Positional Nifty Alert ::
Given Buy Nifty around 5390-5400 till 5380 for Target 5520-5530. (ACHIEVED)
We see Nifty at 5600+ for September Expiry, till it gives close below 5360.

:: 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.

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

Nifty in view of experts