Market Today
Good Morning, As told yesterday, as per Technical charts, still we see nifty in Oversold zone. We suggest safe traders to wait till confirmation while shorting at lower levels. Today also we may see good volatile session as yesterday.
Yesterday was a weak day for our market which, on the back of negative cues from its global peers, traded choppy and in the red throughout the day. Profit booking was seen in most sectors, especially infrastructure and real estate. Auto, however, saw some buying interest. But a late surge helped our Nifty close just above the 5400 mark and with small cuts.
As told earlier, Each and everything against bullish trend and breaking 5430 level it may go till 5400-5378 levels. As seen Nifty taken support at 5356 level on Tueday, near our strong support level, it seems to move up till 5460-90 levels in short term. Today also keep STRICT STOPLOSS in both side while trading.
:: FII Activity ::
FII activity in Equity Rs. 287.88 Cr. as on 31st Aug. 2010
FII activity in Nifty Rs. -706.48 Cr. as on 31st Aug. 2010
Resistances : 5430-5454-5472 (Bold indicates strong level)
Supports : 5400-5384-5364 (Bold indicates strong level)
:: Trend Decider Level ::
Good Above 5418 and Weak Below 5406
:: Todays PreMarket Trades ::
ONLY MEMBERS CAN VIEW THIS TRADES
Special Trades for Volatile Opening :
If open Gap Down and dont break 5386
Buy at 5*** with StopLoss 5***
1st Target 5*** 2nd Target 5***
If open Gap Up and dont cross 5454
Sell around 5*** with StopLoss 5***
Target 5***
If sustain below 5*** for 2-mins 3rd Target 5***
If open Flat around 5400-5410 than
Uptrend
Buy only above 5*** with StopLoss 5***
1st Target 5*** 2nd Target 5***
If sustain above 5*** for 5-mins 3rd Target 5***
Downtrend
Sell below 5*** with StopLoss 5***
1st Target 5***
For Risky Traders
Sell around 5*** with StopLoss 5***
Target 5***
If sustain below 5*** for 2-mins 2nd Target 5***
Below 5*** wait for downtrend to confirm.
:: Positional Nifty Alert ::
Given Buy Nifty around 5***-5*** till 5*** for Target 5***-5***.
Given Stoploss 5*** just HIT on screen but our all members are SAFE and holding it.
We see Nifty at 5***+ for September Expiry, till it gives close below 5***.
:: 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.
...WISHING YOU A VERY HAPPY TRADING...
Wednesday, September 1, 2010
Tuesday, August 31, 2010
31st August 2010 (PreMarket)
Market Today
Good Morning, As per Technical charts, we see nifty in Oversold zone from yesterday itself but again now it is in a neutural zone.
Yesterday was somewhat a choppy day for traders which gave a closing in the green but after having given up most of its opening gains. Nifty, managed to cling to the 5400 mark. Global cues were quiet-to-positive but we witnessed volatility amid a sell-off in infrastructure and IT. And news of Direct Tax Code being tabled in the Parliament. The government introduced the Direct Taxe Code (DTC), which would now be applicable from April 1, 2012, instead of March 1, 2011.
As told earlier, Each and everything against bullish trend and breaking 5430 level it may go till 5400-5378 levels. As seen Nifty taken support at 5391 level on Monday, it seems to move up till 5460-90 levels in short term. Also we see, 5380-5390 levels, if broken, it may go more down till 5260 level in this week itself. So, this means keep STRICT STOPLOSS in both side while trading.
:: FII Activity ::
FII activity in Equity Rs. 184.41 Cr. as on 30th Aug. 2010
FII activity in Nifty Rs. 419.84 Cr. as on 30th Aug. 2010
Nifty Current: 5426.20 High: 5465 Low: 5391.35
Resistances : 5430-5454-5480 (Bold indicates strong level)
Supports : 5404-5390-5364 (Bold indicates strong level)
:: Trend Decider Level ::
Good Above 5404 and Weak Below 5404
:: Todays PreMarket Trades ::
ONLY MEMBERS CAN VIEW THIS TRADES
Uptrend
Buy at 5*** with StopLoss 5***
1st Target 5*** 2nd Target 5***
Downtrend
Sell below 5*** with StopLoss 5***
Target 5***
For Risky Traders
Sell near 5*** with StopLoss 5***
1st Target 5*** 2nd Target 5***
If sustain below 5*** for 2-mins 3rd Target 5***-**
Buy around 5***-** with StopLoss 5***
1st Target 5*** 2nd Target 5***
Special Stratagy for Volatile Opening :
If open Gap Down and dont break 5400
Buy around 5*** with StopLoss 5***
1st Target 5*** 2nd Target 5***
If sustain above 5*** for 5-mins 3rd Target 5***
If open Gap Up
Sell at 5*** with StopLoss 5***
Target 5*** 2nd Target 5***
If does not break 5*** than follow SAFE TRADES
:: Positional Nifty Alert ::
Given Buy Nifty around 5***-5*** till 5*** for Target 5***-5***.
Keep Strict Stoploss 5***
:: 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 Trades
Tell them to Join Us on YMessenger ID : angeltrade.vardhman
...WISHING YOU A VERY HAPPY TRADING...
Good Morning, As per Technical charts, we see nifty in Oversold zone from yesterday itself but again now it is in a neutural zone.
Yesterday was somewhat a choppy day for traders which gave a closing in the green but after having given up most of its opening gains. Nifty, managed to cling to the 5400 mark. Global cues were quiet-to-positive but we witnessed volatility amid a sell-off in infrastructure and IT. And news of Direct Tax Code being tabled in the Parliament. The government introduced the Direct Taxe Code (DTC), which would now be applicable from April 1, 2012, instead of March 1, 2011.
As told earlier, Each and everything against bullish trend and breaking 5430 level it may go till 5400-5378 levels. As seen Nifty taken support at 5391 level on Monday, it seems to move up till 5460-90 levels in short term. Also we see, 5380-5390 levels, if broken, it may go more down till 5260 level in this week itself. So, this means keep STRICT STOPLOSS in both side while trading.
:: FII Activity ::
FII activity in Equity Rs. 184.41 Cr. as on 30th Aug. 2010
FII activity in Nifty Rs. 419.84 Cr. as on 30th Aug. 2010
Nifty Current: 5426.20 High: 5465 Low: 5391.35
Resistances : 5430-5454-5480 (Bold indicates strong level)
Supports : 5404-5390-5364 (Bold indicates strong level)
:: Trend Decider Level ::
Good Above 5404 and Weak Below 5404
:: Todays PreMarket Trades ::
ONLY MEMBERS CAN VIEW THIS TRADES
Uptrend
Buy at 5*** with StopLoss 5***
1st Target 5*** 2nd Target 5***
Downtrend
Sell below 5*** with StopLoss 5***
Target 5***
For Risky Traders
Sell near 5*** with StopLoss 5***
1st Target 5*** 2nd Target 5***
If sustain below 5*** for 2-mins 3rd Target 5***-**
Buy around 5***-** with StopLoss 5***
1st Target 5*** 2nd Target 5***
Special Stratagy for Volatile Opening :
If open Gap Down and dont break 5400
Buy around 5*** with StopLoss 5***
1st Target 5*** 2nd Target 5***
If sustain above 5*** for 5-mins 3rd Target 5***
If open Gap Up
Sell at 5*** with StopLoss 5***
Target 5*** 2nd Target 5***
If does not break 5*** than follow SAFE TRADES
:: Positional Nifty Alert ::
Given Buy Nifty around 5***-5*** till 5*** for Target 5***-5***.
Keep Strict Stoploss 5***
:: 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 Trades
Tell them to Join Us on YMessenger ID : angeltrade.vardhman
...WISHING YOU A VERY HAPPY TRADING...
Monday, August 30, 2010
30th August 2010 (PreMarket)
Market Today
Good Morning, Nifty might open some gap up. Technically, we see nifty in Oversold zone, so please dont create fresh Short position in this kind of market, wait for confirmation.
Last week was a poor week for the Indian market which took a sharp knock following European jitters and weak cues from US markets. It was also F&O expiry week so there was some more volatility. But the action was more stock specific than sector specific. Due to profit booking in IT, realty, financials, FMCG and autos dragged the market down.
As we told in our 23rd Aug. post, Each and everything against bullish trend, You can see what is happening. We told that breaking 5430 level it may go till 5400-5378 levels. Now 5380-5390 levels can act as strong support, which, if broken, may help Nifty to go more down till 5260 level in this week itself. As we seen Nifty has taken support at 5398 level on Friday, which does not seem good ONLY for Bears.
:: FII Activity ::
FII activity in Equity Rs. -108.16 Cr. as on 27th Aug. 2010
FII activity in Nifty Rs. -221.77 Cr. as on 27th Aug. 2010
Nifty Current: 5415.75 High: 5489.90 Low: 5398.05
Resistances : 5430-5454-5480
Supports : 5404-5390-5364
:: Trend Decider Level ::
Good Above 5416 and Weak Below 5400
:: Todays PreMarket Trades ::
Uptrend
Buy above 5*** with StopLoss 5***
1st Target 5*** 2nd Target 5***
(Buy till 5*** for 1st Target)
Downtrend
Sell only below 5*** with StopLoss 5***
1st Target 5***
For Risky Traders:
If open Gap Down
Buy at 5*** with StopLoss 5***
1st Target 5*** 2nd Target 5***
If open Gap Up
Sell at 5*** with StopLoss 5***
Target 5***
:: Positional Nifty Alert ::
Buy Nifty around 5***-5*** till 5*** for Target 5***. Keep Strict Stoploss 5***
:: 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.
...WISHING YOU A VERY HAPPY TRADING...
Good Morning, Nifty might open some gap up. Technically, we see nifty in Oversold zone, so please dont create fresh Short position in this kind of market, wait for confirmation.
Last week was a poor week for the Indian market which took a sharp knock following European jitters and weak cues from US markets. It was also F&O expiry week so there was some more volatility. But the action was more stock specific than sector specific. Due to profit booking in IT, realty, financials, FMCG and autos dragged the market down.
As we told in our 23rd Aug. post, Each and everything against bullish trend, You can see what is happening. We told that breaking 5430 level it may go till 5400-5378 levels. Now 5380-5390 levels can act as strong support, which, if broken, may help Nifty to go more down till 5260 level in this week itself. As we seen Nifty has taken support at 5398 level on Friday, which does not seem good ONLY for Bears.
:: FII Activity ::
FII activity in Equity Rs. -108.16 Cr. as on 27th Aug. 2010
FII activity in Nifty Rs. -221.77 Cr. as on 27th Aug. 2010
Nifty Current: 5415.75 High: 5489.90 Low: 5398.05
Resistances : 5430-5454-5480
Supports : 5404-5390-5364
:: Trend Decider Level ::
Good Above 5416 and Weak Below 5400
:: Todays PreMarket Trades ::
Uptrend
Buy above 5*** with StopLoss 5***
1st Target 5*** 2nd Target 5***
(Buy till 5*** for 1st Target)
Downtrend
Sell only below 5*** with StopLoss 5***
1st Target 5***
For Risky Traders:
If open Gap Down
Buy at 5*** with StopLoss 5***
1st Target 5*** 2nd Target 5***
If open Gap Up
Sell at 5*** with StopLoss 5***
Target 5***
:: Positional Nifty Alert ::
Buy Nifty around 5***-5*** till 5*** for Target 5***. Keep Strict Stoploss 5***
:: 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.
...WISHING YOU A VERY HAPPY TRADING...
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