Thursday, September 9, 2010

9th Sept. 2010 (PreMarket)

Market Today

Good Morning, Nifty may open some gap up around 5610-18. It seems a range bound between 5550-5650. Its better to avoid shorting at lower levels around 5550.

:: FII Activity ::
FII activity in Equity Rs. 281.96 Cr. as on 8th Sept. 2010
FII activity in Futures Rs. -587.39 Cr. as on 8th Sept. 2010
DII activity in Equity Rs. -98.21 Cr. as on 8th Sept. 2010

Resistances : 5596-5610-5632 (Bold indicates strong level)
Supports : 5570-5554-5514 (Bold indicates strong level)

:: Trend Decider Level ::

Good Above 56** and Weak Below 55**

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:: Todays Market Trades ::

Uptrend
Buy above 56** with StopLoss 55**
1st Target 56** 2nd Target 56**

Downtrend
Sell below 55** with StopLoss 5**
1st Target 55** 2nd Target 55**

For Risky Traders
Sell around 55** with StopLoss 56**
1st Target 55** 2nd Target 55**
If sustain below 55** for 2-mins 2nd Target 55**

:: New Positional Trade Alert ::
Sell Nifty around 56** for Target 55**-** with StopLoss ****

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

Nifty in view of experts