Tuesday, August 31, 2010

Follow the levels!!!!!!!!!!!!!!!!!!!!!!!

Previous Day:

As I was written in yesterday Heading choppy market, It was a somewhat choppy day of trade for the Indian market which gave a closing in the green but after having given up most of its opening gains. The Nifty, however, managed to close above 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. Sensex closed at 18032, up 33 points and Nifty closed at 5415, up 6 points from the previous close.The market breadth closed negative with advances at 530 against declines of 747 on the NSE.

Today trading session:
Nothing change in Nifty levels, Levels are same as i yesterday mentioned, In the next session, NIFTY may trade in the range 5390-5461. Traders are suggested to follow the strategy of selling at rise. Below 5390 NIFTY may attract more selling pressure.
METALS and POWER STOCKS may appear strong while REALESTATE and BANKING may face selling at rise.

No chart for today.
Live call will provide on me messenger.

Previous day call:
Apetch has made low 142.35 , 3% return in single day.
Herohonda I feel below 1785 we will see free fall in it. its looking very week on chart.

No comments:

Post a Comment