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last activity : 07 06 2010 20:18:04 +0000
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NIFTY Futures Opened today almost flat @ 4838. It was the high point of the day ie 4840, Nifty sold off breaking below 4800 mark. It made an intrady low of 4777 and closing the day just shy off 4800 @ 4797.
Nifty Futures met with some selling pressure near the resistance @ 4850 level. Bharti Airtel was one of the reason for the two way choppy session. On the upside, Nifty futures has to close above 4850 mark to result in heavy short covering and attract New buying.Whereas, on the downside, the key support for nifty is at 4740.
Our View on Nifty Futures is Neutral to Positive. Nifty has managed to stabalize near the current levels. Now, only a close above 4850 is required to achieve our medium term target of 4950, and if momentum continues @ 5050. On the downside, a break below 4740 zone will lead a retest of 4670 zone.
OUR TRADING SYSTEM IS A SOURCE OF SECOND INCOME FOR MOST OF OUR CLIENTS.
EXAMPLE.....
INDEX : NIFTY FUTURES
QTY : 100 SHARES
MARGIN : INR 70000/-
RETURNS : INR 20000/- AVG/MNTH
For a Reliable, Trustworthy ,Transparent and Accurate trading calls visit www.aaksharstock.com and register for a free trial.
We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 25 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
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NIFTY IN AN NARROW, LACKLUSTRE TRADING BAND ………….. NIFTY Futures Opened the day @ 4903 almost flat near yesterdays close. The whole of todays session was spent in a narrow range of only 42 points. The intraday high was @ 4915, and the low was... |
NIFTY Futures opened today on a positive note getting its cues from US markets at 4908. It made an attempt towards 4950 mark, in the process made an intraday high of 4928, but sold off from those level.Nifty briefly broke below 4900 level, making... |
NIFTY FUTURES CLOSES ABOVE 4850........... NIFTY Futures opened today on a very flatish note @ 4808 up by only 10 points. It spent the early session in a narrow lacklusture trade with very thin volumes.It made an intraday low in the mid session @... |