18th November 2010 (PreMarket)

Good Morning,

Markets took deep cuts amidst global uncertainly and heavy selling pressure. Both the indices closed with more than 2% decline. Metal and realty were the worst performers, though other sectoral indices closed in the red as well. The market breadth was negative. The top Nifty gainers were Bharti, Ranbaxy, Educomp and Dish TV and losers included Sterlite, Hindalco, JP Associates and Ambuja Cements.

We would like to preffer only Buy Signel in every decline with Stoploss 5932 for target 6240 in this expiry.

Be very concious at higher levels. Again Safe Traders please dont short at support levels.

:: FII Activity ::

FII activity in Equity Rs. -196.69 Cr. as on 16th Nov. 2010
FII activity in Futures Rs. 300.95 Cr. as on 16th Nov. 2010
DII activity in Equity Rs. 449.59 Cr. as on 16th Nov. 2010

Resistances : 6054-6062-6080 (Bold indicates strong level)

Supports : 5970-5958-5934 (Bold indicates strong level)

:: Trend Decider Level ::

Good Above 5990 and Weak Below 5980

:: Today's PreMarket Trades ::

Uptrend

Buy at 5995 with StopLoss 5970

1st Target 6034 2nd Target 6054

Downtrend

If opens flat and moves up but cant cross 6010
Sell below 5988 with StopLoss 6006
Target 5968-58

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