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Tuesday, August 11, 2009

12.08.2009
Yesterday market open huge downside and the market will Range bounced from lower levels andthen the market will go 4445,4460,4480 to 4515 levels. Then suddenly market second - off will come downside to negative side .After 3 pm market will again bounce back form lewer levels the nifty will close 4470 levels. The Sensex past couple of days will close above 15000 levels. Today Nifty will open huge gapup for 20 to 30 points and the nifty will trade above 4520 levels then it will trade this levels the market will go further uptrend continued for 4540,4560,4580 to 4620 levels the nifty will come. Suppose the nifty will break 4380 levels the market will go downside for 4360 to 4320 levels only.Then the market will technical strong . The coming days market's the nifty and sensex will trade new higher levels.
Nifty Spot

R-4460/4520/4570.
S-4410/4350/4298.

Nifty Fut

R-4460/4525/4578.
S-4405/4343/4290.

Sensex

R-15050/15241/15408.
S-14886/14698/14531.

Yesterday nifty buy call two target and sell call first target achived. Today Nifty Buy Abv 4460 SL 4410 tgt 4480,4490,4500,4520,4550,4570 to 4620 . Nifty Sell below 4410 SL 4460 tgt 4400,4380,4360,4350 to 4320 levels.