Saturday, July 17, 2010

Monsoon Special Offer !!!

1. Get a Trading & Demat Account in Angel Broking Limited - Rs. 500 (Yearly)
2. Our Daily Special Nifty Research based Trades - Rs. 5000/month (From August)

Get Both absolutely FREE for Life Time in This Monsson.

To Avail this Offer Just Open account at our Branch with Rs.25000 Stocks or Margin.

We provide below mentioned facilities absolutely FREE :
Online Share Trading Platform, Online Commodities Trading Platform, Insurance Advisory, Mutual Fund Advisory, Market Watch Application, Special Mobile Application, SMS Service, Portfolio Management Service, E-Chopda Application, and Much more.

This Offer is valid only till 31st July 2010.

Note:
Our PreMarket and LiveTrades will not be published in this blog from August Expiry, Our Paid Members and Trading Account Holder Member will get their Password to view our Trades on other Blog from August Expiry. Others are requested to subscribe for viewing our Nifty Trades.

To Register Please see our Subscription Details Page.

Some Important News

Last Week NEWS Review

The stock market regulator Securities & Exchange Board of India (Sebi) on Thursday, 15 July 2010, allowed physical settlement of both stock options and stock futures. At present only cash settlement of derivatives is allowed. Sebi said stock exchanges will also have flexibility to offer a combination of cash settlement for stock options and physical settlement for stock or physical settlement for stock options and cash settlement for stock futures.

Meanwhile, the lower exposure margin requirement for stock derivatives has become effective from Thursday, 15 July 2010.

The Securities and Exchange Board of India (Sebi) is reviving the practice of pre-opening session for share trades, and has asked stock exchanges to put systems in place for it. To begin with, the pre-open session will be introduced on a pilot basis, and will be applicable only for shares in the BSE Sensex and the S&P CNX Nifty.

The International Monetary Fund (IMF) on 8 July 2010 raised its world output forecast for 2010, citing solid growth in the first half, especially in Asia, but warned of significant downside risks flowing from Europe. The IMF revised its 2010 world gross domestic product forecast to 4.6%, up from a previous forecast in April of 4.2%. The 2011 GDP forecast was unchanged at 4.3%.

The IMF raised India's growth forecast for 2010 to 9.5%, stating that favourable financing conditions and robust corporate profits will accelerate economic expansion. The IMF expects India's economy to grow 8.5% in 2011.

Weak monsoon rains in the past week will not significantly hurt crop output in the country and the weather outlook is encouraging, Farm Minister Sharad Pawar said on Friday, 16 July 2010. Monsoon rains were 24% below normal in the week ended 14 July 2010. Out of 36 meteorological sub-divisions, rainfall was excess in 8, normal in 4, deficient in 19 and scanty in 5 sub-divisions during the week. Bihar, east Madhya Pradesh, Chhattisgarh, Vidarbha, Andhra Pradesh, Tamil Nadu and Sub- Himalayan West Bengal & Sikkim received good rainfall during the week.

The India Meteorological Department (IMD) said the cumulative seasonal rainfall for the country as a whole during this year's monsoon upto 15 July has so far been 14% below the long period average (LPA). Out of 36 meteorological subdivisions, the rainfall has been excess over 6, normal over 16 and deficient in 14 sub-divisions. The IMD expects rainfall activity to enhance over many parts of the country from Monday, 19 July 2010.

Foreign funds continue to mop up Indian stocks. Foreign funds have bought Indian equities worth a net Rs 4388.62 crore this month so far, till 15 July 2010, as per data from the stock exchanges. Foreign funds had pumped in Rs 7713.97 crore in equities in June 2010

Domestic funds have sold shares worth a net Rs 2076.98 crore this month so far, till 15 July 2010. They had sold equities worth a net Rs 4777.05 crore in June 2010.

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.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

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

16th July 2010 (Review)

Market Today

The market slipped into the red after moving between positive and negative terrain near the flat line in early trade. The market edged higher in morning trade. It pared gains in mid-morning trade. The market regained strength in early afternoon trade as some Asian stocks rose. The market extended gains in afternoon trade as European stocks rose at the onset of the trading session. The key benchmark indices regained strength in mid-afternoon trade, having earlier pared gains from the day's highs. The market scaled a fresh intraday high at the fag end of the trading session.

Nifty Future Quote

Open : 5380.20 High : 5404.80 Low : 5371.90 LTP : 5401.05

FII Activity

FII activity in Equity Rs. +676.44 Cr. as on 16th July 2010
FII activity in Nifty Rs. -67.65 Cr. as on 16th July 2010

:: Given Todays PreMarket Trades ::

Uptrend
Buy above 5386 with StopLoss 5366
1st Target 5406 (Almost Achieved High 5404)
2nd Target 5426 (Not Came)

Risky Trade
(If opens Gap Down around 5360-67 and holds 5348)
Buy around 5356-65 with StopLoss 5340 (Came till 5371)

Downtrend
If sustain below 5360 for 2-mins (Not Came)

Risky Trade
Sell below 5422 with StopLoss 5456 (Not Came)

:: Positional Nifty Alert ::
Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Please Revise your Stoploss to 5330 as of Now.

:: 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.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

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

Friday, July 16, 2010

16th July 2010 (PreMarket)

Good Morning,

:: Todays Market View ::


Nifty may continue its uptrend as there are still no major damage seen in the charts due to volatile sessions of 14th and 15th July. Nifty witnessed a correction from the higher levels and came in range bound level between 5350-5410.

Yesterday on Technical charts Nifty seen giving slight signal of Overbought Zone but momentum seems strong due to its volume charts and price charts. Still we are firm with our Positional Target 5540-5600 in July Expiry. We suggest NOT to Sell any of your stocks and hold your position with stoploss 5330-5320 levels.

As told yesterday, be very careful at higher levels, keep strict stoploss and trade in small quanities. Downside support for today is 5350-40.

:: FII Activity ::
FII activity in Equity Rs. +365.09 Cr. as on 15th July 2010
FII activity in Nifty Rs. -457.71 Cr. as on 15th July 2010

Resistances : 5386-5402-5422-5454
Supports : 5352-5332-5318-5301

:: Trend Decider Level ::
Good Above 5386 and Weak Below 5354
NO TRADING ZONE FOR SAFE TRADERS BETWEEN THESE TWO LEVELS

:: Todays PreMarket Trades ::

Uptrend

Buy above 5386 with StopLoss 5366
1st Target 5406 2nd Target 5426
If Sustain Above 5428 next target 5448

Risky Trade
(If opens Gap Down around 5360-67 and holds 5348)
Buy around 5356-65 with StopLoss 5340 Targets 5384-5396

Downtrend

If sustain below 5360 for 2-mins
Sell at 5352 with StopLoss 5364
1st Target 5332 2nd Target 5312

Risky Trade
Sell below 5422 with StopLoss 5456
1st Target 5398 2nd Target 5378

:: Positional Nifty Alert ::
Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Please Revise your Stoploss to 5330 as of Now.

:: PLEASE NOTE ::
Dont get panic in volatile sessions, wait and watch is the best stratagy in this kind of market conditions. As we say always we are not compulsive traders. We give PreMarket trades and LiveTrades for Intraday Traders, that does not mean we trade daily. We do remind you about our philosophy mentioned in WHO can NOT Join Us page. Please go through us before Joining Us.

:: 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.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

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

Thursday, July 15, 2010

15th July 2010 (Review)

:: Market Today ::

Nifty declined in choppy trade, mimicking volatile European stocks. Reports that rains were 24% below normal in the week to 14 July 2010, also weighed on sentiments. The market breadth was negative in contrast to a strong breadth witnessed earlier in the day. FMCG and IT stocks rose. But, capital goods and realty stocks fell. Auto stocks were mixed.

After initial volatility, the market moved in a range in morning trade. The market came off lows in mid-morning trade. But, the intraday recovery proved short-lived - the market weakened in early afternoon trade. Selling intensified in afternoon trade as European markets opened lower. The Sensex hit a fresh intraday low in afternoon trade. The market came off the lower level later. The market recovered sharply and regained positive territory in mid-afternoon trade as European stocks recovered. The market once again slipped into the red later.

In short Today Nifty witnessed correction, as we told momentum seems strong Nifty managed to range bound near Resistance levels. We told If Nifty holds 5350-5340 today than traders should not go for Shorting for any more downside, hope you have not kept your short position open.

:: FII Activity ::
FII activity in Equity Rs. +569.24 Cr. as on 14th July 2010
FII activity in Nifty Rs. -429.53 Cr. as on 14th July 2010

Foreign funds continue to mop up Indian stocks. Foreign funds have bought Indian equities worth a net Rs 4023.53 crore this month so far, till 14 July 2010, as per data from the stock exchanges. Foreign funds had pumped in Rs 7713.97 crore in equities in June 2010

Domestic funds have sold shares worth a net Rs 1488.52 crore this month so far, till 14 July 2010. They had sold equities worth a net Rs 4777.05 crore in June 2010.

:: Trend Decider Level ::
Good Above 5386 and Weak Below 5354

:: Todays PreMarket Trades ::

Uptrend
Buy above 5386 with StopLoss 5366
1st Target 5406 (Achieved)
2nd Target 5426 (Not Came)

For Risky Traders
(If opens flat and comes down but holds 5350)
Buy around 5360 with StopLoss 5340 Target 5384 (Achieved)

For Risky Traders
(If opens Flat and cant cross 5400)
Sell below 5378 with StopLoss 5398 1st Target 5358 (Came till 5362 but SL HIT)

:: Positional Nifty Alert ::
Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Please Revise your Stoploss to 5330 as of Now.

:: PLEASE NOTE ::
Dont get panic in volatile sessions like yesterday, wait and watch is the best stratagy in such market condition. As we say always we are not compulsive traders. We give trades for Intraday Traders that does not mean we trade daily. We do remind you about our philosophy mentioned in WHO can NOT Join Us page. Please go through us before Joining Us.

:: 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.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

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

15th July 2010 (PreMarket)

Good Morning,

:: Todays Market View ::
Uptrend in Nifty may continue as there are no major damage in the charts due to yesterdays volatile session. Nifty witnessed a correction from the higher levels, still momentum seems strong but with many hurdle at higher level so, be very careful at higher level, keep strict stoploss and trade in small quanities. Downside support for today is 5350. If Nifty holds 5350-5340 today than we recommend that traders should not go for Shorting for any more downside.

:: FII Activity ::
FII activity in Equity Rs. +569.24 Cr. as on 13th July 2010
FII activity in Nifty Rs. -429.53 Cr. as on 13th July 2010

Resistances : 5386-5402-5422-5454
Supports : 5352-5332-5318-5301

:: Trend Decider Level ::
Good Above 5386 and Weak Below 5354

:: Todays PreMarket Trades ::

Uptrend
Buy above 5386 with StopLoss 5366
1st Target 5406 2nd Target 5426
If Sustain Above 5428 next target 5452

For Risky Traders
(If opens flat and comes down but holds 5350)
Buy around 5360 with StopLoss 5340 Target 5384

For Risky Traders
(If opens Flat and cant cross 5400)
Sell below 5378 with StopLoss 5398 1st Target 5358
If sustain below 5350 for 2-mins 2nd Target 5338

:: Positional Nifty Alert ::
Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Please Revise your Stoploss to 5330 as of Now.


:: PLEASE NOTE ::
Dont get panic in volatile sessions like yesterday, wait and watch is the best stratagy in such market condition. As we say always we are not compulsive traders. We give trades for Intraday Traders that does not mean we trade daily. We do remind you about our philosophy mentioned in WHO can NOT Join Us page. Please go through us before Joining Us.

:: 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.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

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

Wednesday, July 14, 2010

14th July 2010 (Review)

:: Market Today ::

As told in morning, 5372 level will be todays Strong Support, Nifty made Low 5376.25 in the ending session. It was disappointing close for traders as market started gap up in the morning but ended at low point of the day. Weak European cues and some profit booking dragged the market lower towards the day end.

The market sentiment remains firm due to stepping up of buying by foreign funds over the past few days and Securities & Exchange Board of India (Sebi)'s recent decision to cut exposure margins on stock derivatives effective from Thursday, 15 July 2010. Revival of monsoon rains this month has also boosted sentiments.

Still we believe, that uptrend in Nifty may continue as there are no major damage in the charts due to todays session. Momentum still strong but with many hurdle at higher level so, as suggested in morning, be very careful at higher level, keep strict stoploss and trade in small quanities. The stoploss for all new buyers in Nifty should be kept around 5350 level.

:: FII Activity ::

FII activity in Equity Rs. +784.68 Cr. as on 13th July 2010
FII activity in Nifty Rs. -49.73 Cr. as on 13th July 2010

Resistances : 5432-5454-5480-5496
Supports : 5402-5380-5358-5332

:: Given Todays PreMarket Trades ::

Uptrend
Buy at 5422 with StopLoss 5406 (Open 5427)
1st Target 5442 (Achieved)
2nd Target 5454 (Almost Achieved) High 5453.65
As it does not Sustain Above 5460 next target 5482 (Not Came)

Downtrend
Sell below 5398 with StopLoss 5414
Target 5378 (Achieved) Low 5376.25

:: Positional Nifty Alert ::

Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Please Revise your Stoploss to 5320 as of Now.

:: 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.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

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

14th July 2010 (PreMarket)

Good Morning,

Yesterday, Nifty made an uptrend with huge volume and made the closing above 5400. We seen Nifty was in range bound between 5354-5384 levels, today we can see good support formation between these two levels. So, 5372 level will be todays Strong Support.

In todays trading sessions we might see some more upside movement. The uptrend in Nifty may continue and the next Resistance seems around 5454-5482 level. Momentum strong but still too many hurdle at higher level so be careful at higher level, keep strict stoploss and trade in small quanities. The stoploss for all new buyers in Nifty should be kept around 5350 level.

Resistances : 5432-5454-5480-5496
Supports : 5402-5380-5358-5332

:: Trend Decider Level ::
Good Above 5412 and Weak Below 5378
No Trading Zone for Safe Trader Between these levels

:: Todays PreMarket Trades ::

Uptrend
Buy at 5422 with StopLoss 5406
1st Target 5442 2nd Target 5454
If Sustain Above 5460 next target 5482

Downtrend
Sell below 5398 with StopLoss 5414
Target 5378

For Risky Traders
Sell around 5486 with StopLoss 5499
1st Target 5466 2nd Target 5456

For Risky Traders
Buy at 5382 with StopLoss 5358
Target 5402

:: Positional Nifty Alert ::
Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Please Revise your Stoploss to 5320 as of Now.

:: 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.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

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

Tuesday, July 13, 2010

13th July 2010 (Review)

:: Market Today ::

Our market opened flat with a knee-jerk reaction to Infosys disappointing Q1 numbers. A very volatile trading session was witnessed as Nifty slipped into the red after recovering from an initial slide. The market recovered from lower level and moved in a narrow range in mid-morning trade. The market hit a fresh intraday lows in early afternoon trade led by decline in IT stocks. The Buying in realty sector and positive Global cues helped market recovered from lower level in afternoon trade after hitting a fresh intraady low. The market moved into positive zone, with Nifty hitting fresh intraday highs in afternoon trade. In the ending session, Nifty Future did break the Crutial Level 5400 and made High 5321.75.

:: Given Trend Decider Level ::

Good Above 5380 and Weak Below 5354
No Trading Zone for Safe Trader Between these levels

:: Given Todays LiveMarket Trades ::

Uptrend
Buy at 5384 with StopLoss 5364
1st Target 5402 (Achieved)
As it Sustained Above 5408 next target 5422-42 (Came till 5421.75)

Downtrend
Sell Below 5354 with StopLoss 5378 (Low 5358)

For Risky Traders
Buy at 5372 with StopLoss 5352
1st Target 5390 (Achieved)
2nd Target 5402 (Achieved)

For Risky Traders
If Nifty does not sustain above 5408 (Sustained)
Sell at 5398 with StopLoss 5414 (Not Came)

:: Positional Nifty Alert ::

Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Please Revise your Stoploss to 5320 as of Now.

:: 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.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

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

13th July 2010 (LiveMarket)

Good Morning,

Our market opens flat with a knee-jerk reaction to Infosys disappointing Q1 numbers. The market breadth is positive with advances at 557 against declines of 274 on the NSE. US markets closed positive and Asian markets are trading mixed. Still Nifty Future did not break the 5400 level, but it is overall looking strong on charts.

:: FII Activity ::
FII activity in Equity Rs. +1001.75 Cr. as on 12th July 2010
FII activity in Nifty Rs. +609.42 Cr. as on 12th July 2010

Resistances : 5350-5368-5404-5438
Supports : 5332-5312-5286-5264

:: Trend Decider Level ::
Good Above 5380 and Weak Below 5354
No Trading Zone for Safe Trader Between these levels

:: Todays LiveMarket Trades ::

Uptrend
Buy at 5384 with StopLoss 5364
1st Target 5402
If Sustain Above 5408 next target 5422-5442

Downtrend
Sell Below 5354 with StopLoss 5378
1st Target 5334
If Sustain Below 5328 next Target 5318

For Risky Traders
Buy at 5372 with StopLoss 5352
1st Target 5390 2nd Target 5402

For Risky Traders
If Nifty does not sustain above 5408
Sell at 5398 with StopLoss 5414
1st Target 5378 2nd Target 5358

:: Positional Nifty Alert ::
Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Revise your Stoploss to 5230 or follow special stratagy as mentioned in earlier posts.

:: 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.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

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

Monday, July 12, 2010

12th July 2010 (Review)

Todays Review

:: Given Trend Decider Level ::

Good Above 5358 and Weak Below 5342
No Trading Zone for Safe Trader Between these levels

:: Given Todays PreMarket Trades ::

Uptrend
Clearly mentioned that If opens Gap Up near 5360-67 Than also Buy with StopLoss 5326 for above targets, dont wait for market to come down.

Buy above 5344 with StopLoss 5326 (Open 5369)
1st Target 5370 (Bought At this Level)
2nd Target 5384 (Achieved)
If sustain above 5390 for next 2-minutes than 3rd Target 5402 (High 5399)

Downtrend
Sell at 5322 with StopLoss 5348 (Not Came)

For Risky Traders (If Opens gap down)
Buy around 5328 with StopLoss 5302 1st Target 5346 (Not Came)

For Risky Traders
Sell at 5386 with StopLoss 5404 (High 5399)
1st Target 5368 (Achieved)
2nd Target 5358 (Achieved)

:: Given LiveMarket Trade ::

Buy above 5374 with StopLoss 5356
1st Target 5390 2nd Target 5410
(Closed At 5381.20)


:: Positional Nifty Alert ::
Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Revise your Stoploss to 5230 or follow special stratagy as mentioned in earlier posts.

:: 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.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

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

Monsoon Special Offer !!!

1. Get a Trading & Demat Account in Angel Broking Limited - Rs. 500 (Yearly)
2. Our Daily Special Nifty Research based Trades - Rs. 5000/month (From August)

Get Both absolutely FREE for Life Time in This Monsson.

To Avail this Offer Just Open account at our Branch with Rs.25000 Stocks or Margin.

We provide below mentioned facilities absolutely FREE :
Online Share Trading Platform, Online Commodities Trading Platform, Insurance Advisory, Mutual Fund Advisory, Market Watch Application, Special Mobile Application, SMS Service, Portfolio Management Service, E-Chopda Application, and Much more.

This Offer is valid only till 31st July 2010.

Note:
Our PreMarket and LiveTrades will not be published in this blog from August Expiry, Our Paid Members and Trading Account Holder Member will get their Password to view our Trades on other Blog from August Expiry. Others are requested to subscribe for viewing our Nifty Trades.

To Register Please see our Subscription Details Page.

Sunday, July 11, 2010

12th July 2010 (PreMarket)

Good Morning,

Last Week, we termed it as the best week in a year.

We mentioned in our 9th July PreMarket Post that Nifty may witness strong movements above 5320 levels, any sustained above this level can take nifty to 5346–5378, and we seen 5367 on charts same day. It was overall the positive trading session for market.

Now in todays trading sessions it seems Nifty may face some Resistance around 5390 levels. It will get a strong Support at 5310-5330 levels in Downside. Closing above given Resistance may further confirm our Positional Target 5540-5600, as per Green Signal given to Positional traders from 1st Week of this Expiry.

:: FII Activity ::
FII activity in Equity Rs. +1104.08 Cr. as on 9th July 2010
FII activity in Nifty Rs. + 1059.54 Cr. as on 9th July 2010

Resistances : 5336-5368-5392-5418
Supports : 5318-5306-5286-5264

:: Trend Decider Level ::

Good Above 5358 and Weak Below 5342
No Trading Zone for Safe Trader Between these levels

:: Todays PreMarket Trades ::

Uptrend
Buy above 5344 with StopLoss 5326
1st Target 5370 2nd Target 5384
If sustain above 5390 for next 2-minutes than 3rd Target 5402

If opens Gap Up near 5360-67
Than also Buy with StopLoss 5326 for above targets, dont wait for market to come down.

Downtrend
Sell at 5322 with StopLoss 5348
1st Target 5309 2nd Target 5290

For Risky Traders (If Opens gap down)
Buy around 5328 with StopLoss 5302 1st Target 5346

For Risky Traders
Sell at 5386 with StopLoss 5404
1st Target 5368 2nd Target 5358

:: Be Alert ::
Today also there will be very volatile session so be very quick to react.

:: Positional Nifty Alert ::
Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Revise your Stoploss to 5230 or follow special stratagy as mentioned in earlier posts.

:: 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.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

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

Nifty in view of experts