Monday, October 4, 2010

4th October 2010 (PreMarket)

Good Morning,

Nifty closed at very strong note with the gain of almost 2.2% in a single day. The rally was mostly driven by huge buying from institutional investors and almost all sectors contributed in the rally. Sectors that have performed extra ordinarily include metals and auto. Top gainers in last session include RIL, Tata Motors and Tata Steel while losers were Hero Honda, Rcom and Bharti Airtel.

We seen another good week for our market which closed the September series on a strong note and ended the week on a high. It outperformed its global peers which were flat to negative.

Now, Nifty seems to be in Range bound between 6142-6208 today.

:: FII Activity ::

FII activity in Equity Rs. +1825.20 Cr. as on 28th Sept. 2010
FII activity in Futures Rs. -173.43 Cr. as on 28th Sept. 2010
DII activity in Equity Rs. -671.08 Cr. as on 28th Sept. 2010

Resistances : 6210-6210-6076 (Bold indicates strong level)
Supports : 6164-6140-6110 (Bold indicates strong level)

:: Trend Decider Level ::

Good Above 6208 and Weak Below 6170

Today NO PreMarket Trades

Given STBT Trade:
Sell around 6182 with StopLoss 6202
1st Target 6162 2nd Target 6142

:: Some Important Facts ::

Mark %change every Month from Oct 09 to Sept 10


Monthly Closing of September



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