TODAY MARKET TRENDS -23-Feb-2011

23.02.2011 - Market Movements:-
Nifty Fut

       Yesterday the Nifty fut will Closing Negative side 50 points and  5476 Sensex  will close 18300 levels.And then Nifty Spot will close  5469 levels.The Nifty fut will Premium for 7 points.Yesterday market will open negative side and  more volatile   it.Then market will some time come to postive side.But Global Trends the market will come down side it will go to 80 points down. Then the market closing time the market will small recover and it will close 50 points mines.The Nifty Fut Support level for nifty fut 5420,5400 to 5380 and Sensex 17500,17800 to 18000 levels.Tommorrow we expected Market will open positive side for only 20 to 30 points then also the nifty will Trade Abv 5485 it will go to 5505 to 5545 levels only .Suppose the Nifty Fut it will Trade Blow 5420 the nifty it will come 5390 to 5360 levels.Today market will open small postive trend.Andalso We expected small short covering come in market.Because the Day After tommorrow Futures And Option Market Expiry.Andalso Next Week Monday Budget market will heavy volatile.Plz Trade Cautions.

Futures

1. Nifty Fut Buy Abv 5495 SL 5460 Tgt 1 5515  Tgt 2 5545 .

2. Nifty Fut Sell Blw  5460 SL 5495 Tgt 1 5445  Tgt 2 5425 .

Stocks


1. Axis Bank Buy Abv 1271 SL 1261 Tgt 1 1276 Tgt 2 1283.

2. Axis Bank Sell Blw  1261 SL 1271 Tgt 1 1256 Tgt 2 1251.


3. ICICI Bank Buy Abv 1033 SL 1023 Tgt 1 1038 Tgt 2 1043. 

4. ICICI Bank Sell Blw  1023 SL 1033 Tgt 1 1018 Tgt 2 1013.

     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......

         Yesterday our Nifty Sell Call All Target Achived. And Sell Call Not Active. Our Stocks Calls Axis Bank And ICICI Bank Sell Call All Target Achived. Then the all Buy Call Not Active.

      

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