Market Today
Today as an initial rally which took the market to 29-month high triggered profit taking. The market breadth weakened, reversing from a strong breadth witnessed earlier in the day. European and Asian stocks and US index futures edged higher ahead of the release of the results of the stress test conducted on European banks.
Stocks were volatile as traders rolled over positions in the derivatives segment from July 2010 series to August 2010 series ahead of the expiry of the near-month July 2010 contracts next Thursday, 29 July 2010. The market surged at the onset of the trading session on firm Asian stocks. The market pared gains in early trade.
The market came further off the day's high in mid-morning trade. The market slipped into the red in early afternoon trade. The Sensex soon regained positive. It once again slipped into the red shortly only to regain positive zone later. The market held positive zone in mid-afternoon trade as European stocks and US index futures rose. The Sensex once again slipped in late trade at the fag end of the trading session.
The Prime Minister's Economic Advisory Panel on Friday, 23 July 2010, forecast 8.5% growth in GDP in the fiscal year that ends in March 2011 (FY 2011). It expects 4.5% growth in farm output in FY 2011. The headline inflation will be at 6.5% by March 2011, the panel said in a report. The report also said net capital inflows would be $73 billion.
:: Todays Live Trades ::
Uptrend
Buy around 5454 with StopLoss 5434 (SL HIT)
1st Target 5474 2nd Target 5494
Downtrend
Sell below 5432 with StopLoss 5452 (SL HIT)
1st Target 5416 2nd Target 5402
:: 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...
Saturday, July 24, 2010
Friday, July 23, 2010
23rd July 2010 (LiveMarket)
Good Morning,
Resistances : 5454-5478-5496
Supports : 5438-5422-5400
:: Trend Decider Level ::
Good Only Above 5450 and Weak Below 5436
:: Todays Live Trades ::
Uptrend
Buy around 5454 with StopLoss 5434
1st Target 5474 2nd Target 5494
Downtrend
Sell below 5432 with StopLoss 5452
1st Target 5416 2nd 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 5400 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...
Resistances : 5454-5478-5496
Supports : 5438-5422-5400
:: Trend Decider Level ::
Good Only Above 5450 and Weak Below 5436
:: Todays Live Trades ::
Uptrend
Buy around 5454 with StopLoss 5434
1st Target 5474 2nd Target 5494
Downtrend
Sell below 5432 with StopLoss 5452
1st Target 5416 2nd 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 5400 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...
Thursday, July 22, 2010
22nd July 2010 (PreMarket)
Good Morning,
We have not updated any premarket trades yesterday due to constant Neutural Trend seen in Nifty. Nifty in Range Bound between 5330-5420. Today Nifty may open Gap Down due to global cues. Now it is in very crutial stage. Safe Traders Please avoid buying at higher levels around 5400, they can Buy Only above 5426 levels. Kindly keep strict StopLoss and Trade in small quanities only. From today we will see good volatile sessions which we have not seen from 14th July. We hope for good volumes today.
5330 is the major Support which has to be break to prove the weakness, and unless the NIFTY is trading above this level, the Markets are positive. Yesterdays close was above 5400 levels. We mentioned that If NIFTY closes above 5400 levels today, further we may see a non stop rally till 5480-5500 in coming days.
Due to Neutral Trend in market, we suggested NO TRADING ZONE for Safe Traders till our Trend Decider Levels are marked.
FII Activity
FII activity in Equity Rs. +362.44 Cr. as on 21st July 2010
FII activity in Nifty Rs. + 73.23 Cr. as on 21st July 2010
Resistances : 5386-5402-5422-5454
Supports : 5352-5332-5318-5301
:: Trend Decider Level ::
Good Only Above 5416 and Weak Below 5370
:: Todays PreMarket Trades :: (Only for Risky Traders)
Uptrend
(If opens gap down)
Buy around 5374-84 with StopLoss 5354
1st Target 5399
(If opens Flat/Gap Up)
Buy above 5408 with StopLoss 5384
1st Target 5414 2nd Target 5422
If sustain above 5428 for 2-mins we may see 5440-45
Downtrend
Sell below 5360 with StopLoss 5382
1st Target 5344 2nd Target 5332
Sell above 5422 with StopLoss 5448
1st Target 5400 2nd Target 5386
:: Be Alert ::
Selling at Higher Level is recommended near 5420-30 with StopLoss 5455 for Safe Traders.
:: 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.
If StopLoss hit today, Buy around 5300 with Stoploss 5280.
Again, Buy above 5356 with same StopLoss and same Target.
:: 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 our Risky Traders, that does not mean we also 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...
We have not updated any premarket trades yesterday due to constant Neutural Trend seen in Nifty. Nifty in Range Bound between 5330-5420. Today Nifty may open Gap Down due to global cues. Now it is in very crutial stage. Safe Traders Please avoid buying at higher levels around 5400, they can Buy Only above 5426 levels. Kindly keep strict StopLoss and Trade in small quanities only. From today we will see good volatile sessions which we have not seen from 14th July. We hope for good volumes today.
5330 is the major Support which has to be break to prove the weakness, and unless the NIFTY is trading above this level, the Markets are positive. Yesterdays close was above 5400 levels. We mentioned that If NIFTY closes above 5400 levels today, further we may see a non stop rally till 5480-5500 in coming days.
Due to Neutral Trend in market, we suggested NO TRADING ZONE for Safe Traders till our Trend Decider Levels are marked.
FII Activity
FII activity in Equity Rs. +362.44 Cr. as on 21st July 2010
FII activity in Nifty Rs. + 73.23 Cr. as on 21st July 2010
Resistances : 5386-5402-5422-5454
Supports : 5352-5332-5318-5301
:: Trend Decider Level ::
Good Only Above 5416 and Weak Below 5370
:: Todays PreMarket Trades :: (Only for Risky Traders)
Uptrend
(If opens gap down)
Buy around 5374-84 with StopLoss 5354
1st Target 5399
(If opens Flat/Gap Up)
Buy above 5408 with StopLoss 5384
1st Target 5414 2nd Target 5422
If sustain above 5428 for 2-mins we may see 5440-45
Downtrend
Sell below 5360 with StopLoss 5382
1st Target 5344 2nd Target 5332
Sell above 5422 with StopLoss 5448
1st Target 5400 2nd Target 5386
:: Be Alert ::
Selling at Higher Level is recommended near 5420-30 with StopLoss 5455 for Safe Traders.
:: 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.
If StopLoss hit today, Buy around 5300 with Stoploss 5280.
Again, Buy above 5356 with same StopLoss and same Target.
:: 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 our Risky Traders, that does not mean we also 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 21, 2010
21st July 2010 (Review)
Good Afternoon,
We have not updated any premarket trades due to constant Neutural Trend seen in Nifty. Nifty in Range Bound between 5330-5420. Due to very low volume in Market not much movement seen till now. Good Q1 results reported by India Inc so far and sustained foreign fund buying on the back of strong macro economic scenario underpinned sentiment. Consumer durables stocks rose. But, healthcare stocks fell. Banking stocks were mixed. The market breadth is strong.
5330 is the major Support which has to be break to prove the weakness, and unless the NIFTY is trading above this level, the Markets are positive. If NIFTY closes above 5400 levels today, further we may see a non stop rally till 5480-5500 in coming days.
Today No PreMarket Trades
We have not updated any premarket trades due to constant Neutural Trend seen in Nifty. Nifty in Range Bound between 5330-5420. Due to very low volume in Market not much movement seen till now. Good Q1 results reported by India Inc so far and sustained foreign fund buying on the back of strong macro economic scenario underpinned sentiment. Consumer durables stocks rose. But, healthcare stocks fell. Banking stocks were mixed. The market breadth is strong.
5330 is the major Support which has to be break to prove the weakness, and unless the NIFTY is trading above this level, the Markets are positive. If NIFTY closes above 5400 levels today, further we may see a non stop rally till 5480-5500 in coming days.
Today No PreMarket Trades
20th July 2010 (Review)
:: Market Today ::
As we told Nifty is in Overbought zone, still some profit booking may continue today, we have seen a straight Downtrend from 5410 to 5350, due to profit booking. It was a second day of lackluster trade for our market which looked quiet and subdued all day. Asia traded firm but Europe showed weakness which led to our market giving up its morning gains in late trade. Today, realty stocks showed good momentum, followed by metals.
We suggested NO TRADING ZONE for Safe Traders today also due to Neutral Trend in market.
Nifty Future Quote
Open : 5409.25 High : 5412.00 Low : 5350 LTP : 5353
FII Activity
FII activity in Equity Rs. +297.07 Cr. as on 20th July 2010
FII activity in Nifty Rs. -77.32 Cr. as on 20th July 2010
:: Given Trend Decider Level ::
Good Only Above 5416 and Weak Below 5360
:: Given Todays PreMarket Trades :: (Only for Risky Traders)
Downtrend
Sell below 5354 with StopLoss 5372 (Triggred at the end so not traded)
Sell around 5410 with StopLoss 5422
1st Target 5378 (Achieved)
2nd Target 5358 (Achieved)
:: Given Alert ::
Selling at Higher Level is recommended near 5410-20 with StopLoss 5430-40 for Safe Traders.
:: 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.
If StopLoss hit today, Buy around 5300 with Stoploss 5280.
Again, Buy above 5356 with same StopLoss and same Target.
:: 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 our Risky Traders, that does not mean we also 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...
As we told Nifty is in Overbought zone, still some profit booking may continue today, we have seen a straight Downtrend from 5410 to 5350, due to profit booking. It was a second day of lackluster trade for our market which looked quiet and subdued all day. Asia traded firm but Europe showed weakness which led to our market giving up its morning gains in late trade. Today, realty stocks showed good momentum, followed by metals.
We suggested NO TRADING ZONE for Safe Traders today also due to Neutral Trend in market.
Nifty Future Quote
Open : 5409.25 High : 5412.00 Low : 5350 LTP : 5353
FII Activity
FII activity in Equity Rs. +297.07 Cr. as on 20th July 2010
FII activity in Nifty Rs. -77.32 Cr. as on 20th July 2010
:: Given Trend Decider Level ::
Good Only Above 5416 and Weak Below 5360
:: Given Todays PreMarket Trades :: (Only for Risky Traders)
Downtrend
Sell below 5354 with StopLoss 5372 (Triggred at the end so not traded)
Sell around 5410 with StopLoss 5422
1st Target 5378 (Achieved)
2nd Target 5358 (Achieved)
:: Given Alert ::
Selling at Higher Level is recommended near 5410-20 with StopLoss 5430-40 for Safe Traders.
:: 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.
If StopLoss hit today, Buy around 5300 with Stoploss 5280.
Again, Buy above 5356 with same StopLoss and same Target.
:: 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 our Risky Traders, that does not mean we also 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...
Tuesday, July 20, 2010
20th July 2010 (PreMarket)
Good Morning,
:: Todays Market View ::
The Indian market began the new week Not in a good note with our market moving within a narrow range in yesterday's session. We saw a gap-down opening and then onwards the market traded flat for most part of the day, closing with marginal cuts. Global cues were quiet, too.
Nifty might open Flat, around yesterdays closing 5480-86. Still there is no clear view about the direction of Nifty, wait for clear trend, trade with strict stoploss and with minimum quantity. Today we are likely to wittness some very good movements in Nifty. It can only happen if Nifty break or crocess our trend decider levels. As we told Nifty is in Overbought zone, still some profit booking may continue today also. Today also we see same level as given yesterday.
As suggested yesterday, NO TRADING ZONE for Safe Traders today also due to Neutral Trend in market.
Resistances : 5386-5402-5422-5454
Supports : 5352-5332-5318-5301
:: Trend Decider Level ::
Good Only Above 5416 and Weak Below 5360
:: Todays PreMarket Trades :: (Only for Risky Traders)
Uptrend
Buy around 5364-74 with StopLoss 5350
1st Target 5384 2nd Target 5400
If sustain above 5422 for 2-mins we may see 5440-50
Downtrend
Sell below 5354 with StopLoss 5372
1st Target 5336 2nd Target 5320
Sell around 5410 with StopLoss 5422
1st Target 5378 2nd Target 5358
:: Be Alert ::
Selling at Higher Level is recommended near 5410-20 with StopLoss 5430-40 for Safe Traders.
:: 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.
If StopLoss hit today, Buy around 5300 with Stoploss 5280.
Again, Buy above 5356 with same StopLoss and same Target.
:: 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 our Risky Traders, that does not mean we also 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...
:: Todays Market View ::
The Indian market began the new week Not in a good note with our market moving within a narrow range in yesterday's session. We saw a gap-down opening and then onwards the market traded flat for most part of the day, closing with marginal cuts. Global cues were quiet, too.
Nifty might open Flat, around yesterdays closing 5480-86. Still there is no clear view about the direction of Nifty, wait for clear trend, trade with strict stoploss and with minimum quantity. Today we are likely to wittness some very good movements in Nifty. It can only happen if Nifty break or crocess our trend decider levels. As we told Nifty is in Overbought zone, still some profit booking may continue today also. Today also we see same level as given yesterday.
As suggested yesterday, NO TRADING ZONE for Safe Traders today also due to Neutral Trend in market.
Resistances : 5386-5402-5422-5454
Supports : 5352-5332-5318-5301
:: Trend Decider Level ::
Good Only Above 5416 and Weak Below 5360
:: Todays PreMarket Trades :: (Only for Risky Traders)
Uptrend
Buy around 5364-74 with StopLoss 5350
1st Target 5384 2nd Target 5400
If sustain above 5422 for 2-mins we may see 5440-50
Downtrend
Sell below 5354 with StopLoss 5372
1st Target 5336 2nd Target 5320
Sell around 5410 with StopLoss 5422
1st Target 5378 2nd Target 5358
:: Be Alert ::
Selling at Higher Level is recommended near 5410-20 with StopLoss 5430-40 for Safe Traders.
:: 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.
If StopLoss hit today, Buy around 5300 with Stoploss 5280.
Again, Buy above 5356 with same StopLoss and same Target.
:: 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 our Risky Traders, that does not mean we also 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...
19th July 2010 (Review)
Market Today
The market moved between positive and negative zone throughout the day. The market recovered from an early slide as Chinese stocks and US index futures rose. The intraday recovery gathered strength in morning trade - the market moved into positive zone. The market slipped into the red again in early afternoon trade. Weakness continued in afternoon trade after European stocks opened lower. The market moved in a range in mid-afternoon trade.
We suggested NO TRADING ZONE for Safe Traders today due to Neutral Trend in market.
Nifty Future Quote
Open : 5373.95 High : 5415.50 Low : 5369.0 LTP : 5387
FII Activity
FII activity in Equity Rs. +153.79 Cr. as on 19th July 2010
FII activity in Nifty Rs. -378.48 Cr. as on 19th July 2010
:: Given Todays PreMarket Trades ::
Uptrend
(If opens Gap Down around 5360-67 and holds 5348) (Opened 5473)
Buy around 5356-65 with StopLoss 5340 (Low 5469)
1st Target 5384 (Achieved)
2nd Target 5396 (Achieved)
3rd Target 5406 (Achieved)
and Final 4th Target 5416 (Almost Achieved)
Todays High 5415.50
If Sustain Above 5423 for 2mins it may cross 5448 (Not Came)
Buy around 5310-20 with StopLoss 5290 (Not Came)
Downtrend
If sustain below 5354 for 2-mins (Not sustained)
Sell Near 5402 with StopLoss 5418
1st Target 5378 (Achieved)
2nd Target 5362 (Came till 5476 only)
:: Given Alert ::
Selling at Higher Level is recommended near 5410-20 with StopLoss 5430-40 for Safe Traders.
:: Positional Nifty Alert ::
Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Revised Stoploss 5330.
If StopLoss hit today, Buy around 5300 with Stoploss 5280.
Again, Buy above 5356 with same StopLoss and same Target.
:: 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...
The market moved between positive and negative zone throughout the day. The market recovered from an early slide as Chinese stocks and US index futures rose. The intraday recovery gathered strength in morning trade - the market moved into positive zone. The market slipped into the red again in early afternoon trade. Weakness continued in afternoon trade after European stocks opened lower. The market moved in a range in mid-afternoon trade.
We suggested NO TRADING ZONE for Safe Traders today due to Neutral Trend in market.
Nifty Future Quote
Open : 5373.95 High : 5415.50 Low : 5369.0 LTP : 5387
FII Activity
FII activity in Equity Rs. +153.79 Cr. as on 19th July 2010
FII activity in Nifty Rs. -378.48 Cr. as on 19th July 2010
:: Given Todays PreMarket Trades ::
Uptrend
(If opens Gap Down around 5360-67 and holds 5348) (Opened 5473)
Buy around 5356-65 with StopLoss 5340 (Low 5469)
1st Target 5384 (Achieved)
2nd Target 5396 (Achieved)
3rd Target 5406 (Achieved)
and Final 4th Target 5416 (Almost Achieved)
Todays High 5415.50
If Sustain Above 5423 for 2mins it may cross 5448 (Not Came)
Buy around 5310-20 with StopLoss 5290 (Not Came)
Downtrend
If sustain below 5354 for 2-mins (Not sustained)
Sell Near 5402 with StopLoss 5418
1st Target 5378 (Achieved)
2nd Target 5362 (Came till 5476 only)
:: Given Alert ::
Selling at Higher Level is recommended near 5410-20 with StopLoss 5430-40 for Safe Traders.
:: Positional Nifty Alert ::
Given BUY around 5230 with SL 5180-65 to NEW-or-Fresh Positional Investers for Target 5542-5600 in July Expiry. Revised Stoploss 5330.
If StopLoss hit today, Buy around 5300 with Stoploss 5280.
Again, Buy above 5356 with same StopLoss and same Target.
:: 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 19, 2010
19th July 2010 (PreMarket)
Good Morning,
As posted on 10th July 2010 about the Launching of E-mini and E-micro S&P CNX Nifty futures in CME. Today is the Day, Chicago Mercantile Exchange (CME) Group, The National Stock Exchange of India (NSE) and Standard & Poor’s to offer trading institutions two smart new ways to take part in the dynamic opportunities of the Indian stock market.
To read our post of 10th July Click Here
:: Todays Market View ::
Nifty may open Gap Down due to weak Globle cues. But trend as seen in the charts is still in favor of Bulls till it does not break 5290 level. From 14th July, Nifty is trading with very low volume and we see it in Overbought Zone level. Nifty witnessed a correction from the higher levels and came in range bound level between 5350-5410.
Be very careful at higher levels, keep strict stoploss and trade in small quanities.
We suggest NO TRADING ZONE for Safe Traders today due to Neutral Trend in market.
Resistances : 5386-5402-5422-5454
Supports : 5352-5332-5318-5301
:: Trend Decider Level ::
Good Only Above 5416 and Weak Below 5354
NO TRADING ZONE FOR SAFE TRADERS BETWEEN THESE TWO LEVELS
:: Todays PreMarket Trades :: (Only for Risky Traders)
Uptrend
(If opens Gap Down around 5360-67 and holds 5348)
Buy around 5356-65 with StopLoss 5340
1st Target 5384 2nd Target 5396
3rd Target 5406 and Final 4th Target 5416
If Sustain Above 5423 for 2mins it may cross 5448
Buy around 5310-20 with StopLoss 5290
1st Target 5346 2nd Target 5364
Downtrend
If sustain below 5354 for 2-mins
Sell at 5352 with StopLoss 5368
1st Target 5332 2nd Target 5312
Sell Near 5402 with StopLoss 5418
1st Target 5378 2nd Target 5362
:: Be Alert ::
Selling at Higher Level is recommended near 5410-20 with StopLoss 5430-40 for Safe Traders.
:: 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.
If StopLoss hit today, Buy around 5300 with Stoploss 5280.
Again, Buy above 5356 with same StopLoss and same Target.
:: 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 our Risky Traders, that does not mean we also 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...
Subscribe to:
Posts (Atom)