ON 24th MAY 2010 - BULLISH

ON FRIDAY OUR MARKETS  REVERSED FROM THE LOW IT IS THE BULLSIH SIGNAL AND THIS RALLY GO UP TO 5100 LEVELS.

TODAT WE EXPECT GAP UP OPENING AND CHOPPY MARKETS. DUE TO RELIANCE IMPACT MARKETS MAY UP. GLOBEL CUES ARE ALSO POSITIVE. 

CAUTION : DON'T TRADE AMBANI BROTHERS GROUP SHARES TODAY IF THEY ARE GAP UP OPENING. BECAUSE ALL KNOW TODAY THAT SHARES ARE GO UP. SO GAP UP OPENING IS POSSIBLE AFTER THAT OPERATORS DO THEIR WORK PRICE ARE CAME  UP AND DOWN DANCING WHAT IS OCCURED FOR PRIMAL HEALTH ON FRIDAY.

TODAY'S  NIFTY FUTURE'S TWO EXTEREME LEVELS ARE :

UPPER SIDE : 5110

DOWN SIDE : 4890

TODAY IF GAP UP IS DONE I THINK MARKETS MAY CLOSED AROUND 4980 LEVELS ONLY. SO AVOID TRADE IN NIFTY I SUGGEST. AND BANK NIFTY SWINGS 100 POINTS ONLY. SO AVOID TRADING IN INDEX. 

TRADE IN BANK STOCKS GIVE PROFIT TODAY. SO WE ARE NOT GIVEN ANY LEVELS TODAY FOR INDEX.

PRACTICAL LESSON - 6 :

DO YOUR HOME WORK FIRST.