Monday, March 07, 2011

ON 8th MARCH 2011 - NIFTY FUTURE


TODAY'S LEVELS ARE :

RESISTENCES ARE AT : 5945 - 5520 

SUPPORTS ARE AT : 5425 - 5405

ANY WAY 5465 IS A CRUCIAL POINT AND TURNING POINT TODAY. IF IT IS BREACHED DOWNSIDE THEN IT MAY GO DOWN OR ABOVE THIS MARKETS MAY GO UPSIDE.


INTRADAY CALL FOR TODAY

BUY NIFTY FUTURE AT  5495 STOP LOSS AT 5465 TARGETS ARE 5520, 5545.

SELL NIFTY FUTURE AT  5425 STOP LOSS AT 5465 TARGETS ARE 5405, 5370.


TODAY MARKETS ARE IN BULLISH TREND. BUT MORE VOLATAIL I THINK. SO AVOID SELLING TODAY. ALL ARE NEWS BASED? HOW MARKET REACT FOR THAT NEWS IS THE SECRET. SO WAIT AND TRADE.


OPTIONS FOR SELLING 

SELL 5300 MARCH PUT WITH CLOSE STOPLOSS

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