Tuesday, November 16, 2010

16th November 2010 (PreMarket)

Good Morning,

Markets remained rangebound throughout the day but in the last hour of the trade they rallied upward and closed with the gains of about three-quarter of a percent. Banking and healthcare were the lead gainers and realty was the worst hit in yesterday's trade. The market breadth was negative. The top Nifty gainers were SBI, Cipla, Mahindra & Mahindra and IDFC and losers included Reliance Capital, Reliance Infra, Ambuja Cements and Ranbaxy.
We would like to preffer only Buy Signel in every decline with Stoploss 6032 for target 6240 in this expiry.
Be very concious at higher levels. Safe Traders please dont short at support levels.

:: FII Activity ::

FII activity in Equity Rs. +313.68 Cr. as on 15th Nov. 2010
FII activity in Futures Rs. -682.11 Cr. as on 15th Nov. 2010
DII activity in Equity Rs. -3.39 Cr. as on 15th Nov. 2010

Resistances : 6164-6210-6248 (Bold indicates strong level)
Supports : 6120-6090-6050 (Bold indicates strong level)

:: Trend Decider Level ::

Good Above 6128 and Weak Below 6110

:: Today's PreMarket Trades ::

Uptrend

Buy around 6152 with StopLoss 6122
1st Target 6170 2nd Target 6184

If breaks 6090 and comes near 6060
Buy around 6064 with StopLoss 6034
Target 6094

Downtrend

If opens flat and cant cross 6152
Sell below 6124 with StopLoss 6146
Target 6098

Again Sell below 6092 with StopLoss 6128
1st Target 6074 2nd Target 6062

Sell around 6200 with StopLoss 6220
Target 6172



:: Please Note ::


We are not updating our blog regularly as we are getting regularly complains from our members of miss judging the trades mentioned well in advance due to increasing voletility and Pre-market session.

Everyday All our members are Enjoying our PreMarket and Live Trades on their Mobile and Messenger.

:: 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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