19th November 2010 (PreMarket)

Good Morning,

Markets remained volatile and rangebound in today's trade and banking was the biggest laggard among all the sectors. SKS Microfinance took a beating from investors after JP Morgan recommended a sell on the stock even at today's market price. Metals and auto sectors performed well. The market breadth was negative. The top Nifty gainers were Hero Honda, Hindalco, Cipla and Bharti and losers included RCom, Reliance Capital, ICICI Bank and Cairn.

We would like to remind you again that still we preffer only Buy Signel in every decline with Stoploss 5932 for target 6240 in this expiry.

As told earlier, Be very concious at higher levels. We hope all Safe Traders have not done short at support levels.

:: FII Activity :: Remarkable

FII activity in Equity Rs. -452.71 Cr. as on 18th Nov. 2010
FII activity in Futures Rs. -939.62 Cr. as on 18th Nov. 2010
DII activity in Equity Rs. 118.43 Cr. as on 18th Nov. 2010

Resistances : 6054-6072-6100 (Bold indicates strong level)

Supports : 6000-5970-5958 (Bold indicates strong level)

:: Trend Decider Level ::

Good Above 6036 and Weak Below 6006

:: Today's PreMarket Trades ::

Uptrend

Buy at 6034 with StopLoss 6004

1st Target 6056 2nd Target 6074

Downtrend

If faces resistance near 6100
Sell around 6102 with StopLoss 6122
Target 6078

:: 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.

Join angeltrade.vardhman@yahoo.com for Live Trades and BTST/STBT Trades

Visit vnifty.blogspot.com Regularly to Earn Regularly

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