TODAY MARKET TRENDS -22-Feb-2011

22.02.2011 - Market Movements:-
Nifty Fut

       Yesterday the Nifty fut will Closing Postive side 60 points and  5531 Sensex  will close 18400 levels.And then Nifty Spot will close  5518 levels.The Nifty fut will Premium for 13 points.Yesterday market small Bounce and volatile after 2.00 pm  the market will go Slowly up and go to 60 points.Then also the market will go 5450 , 5500 to 5530 levels.Then it will close also postive side. The Nifty Fut Support level for nifty fut 5450,5400 to 5380 and Sensex 17500,17800 to 18000 levels.Tommorrow we expected Market will open positive side for only 30 to 40 points then also the nifty will Trade Abv 5575 it will go to 5595 to 5615 levels only .Suppose the Nifty Fut it will Trade Blow 5490 the nifty it will come 5470 to 5450 levels.Today market will open small postive trend.The Day After tommorrow Futures And Option Market Expiry.So We expected Small Short Covering Coming in Market's.Andalso Next Week Monday Budget market will heavy volatile.Plz Trade Cautions.

Futures

1. Nifty Fut Buy Abv 5555 SL 5525 Tgt 1 5575  Tgt 2 5595 .

2. Nifty Fut Sell Blw  5525 SL 5555 Tgt 1 5495  Tgt 2 5475 .

Stocks


1. Axis Bank Buy Abv 1313 SL 1303 Tgt 1 1318 Tgt 2 1323.

2. Axis Bank Sell Blw  1303 SL 1313 Tgt 1 1298 Tgt 2 1293.


3. ICICI Bank Buy Abv 1042 SL 1030 Tgt 1 1047 Tgt 2 1052. 

4. ICICI Bank Sell Blw  1030 SL 1042 Tgt 1 1025 Tgt 2 1020.

     Traders Plz use Strictly SL.Safe invester's book profit for first target.Nifty Traders evert 15 points book profit.

       

                             ..........ALL ARE Subject To Market Risk......

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