Nifty future (Date 02-05-2012)

Nifty future tips

(Date 02-05-2012)

Entered into Nifty Future for long 5158 around for targets 5322-5344 (Positional)

Monday morning prior to market opening we had written that Nifty Future would see the upper levels 5238-5270. Nifty future Zoomed to 5288 and retraced.

Intraday commentary

Trades above 5270 will drag it to  – 5309-5321

Game Points for Intraday is 5266
(Suppose to trade below it …then 5221-5238)

Points for Day Traders

  • Wall Street ends higher & Asian markets also trading higher
  • Spot Nifty Chart: Price below 20 and 50 day SMA
  • Weekly chart for Spot: Price has to take a decision to either close above 5-week High EMA or 20 Weeks SMA
  • Positional: The market is up as long as 5200 holds…
  • SGX Nifty is trading 35 points above…

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Jain Irrigation

Jain Irrigation zoomed to 88.70.

Call Fired within less than mere two hours

Everyone enjoying huge gain from 84 to 88.70

Up by 7%

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Jain Irrigation (symbol: JISLJALEQS)

jain-irrigation

(Symbol Nse: JISLJALEQS)

BUYERS CAN SEE 84-84.60

SUPPOSE TO CLOSE ABOVE 85 TODAY…THEN READY FOR TARGETS 89 AND 92-94 (3-5TRADING DAYS)

DON’T HOLD YOUR BUY POSITION IF CLOSE BELOW 85 TODAY…
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Free Stock Market NSE Nifty Future Calls

Nifty Future Tips

Updated 30.04.12 Time 09.05 am

As we mentioned earlier, we are long from 5158

It went to 5240 in a special Saturday session

even when very little participation from institution

Market likely to open around 5235. Now Watch the next level 5270 if trades above.

5238 for 15-20 minutes.

5193 and 5202 is intraday support zone

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RELIANCE INDUSTRIES LTD TRADING TIPS

RELIANCE INDUSTRIES CALLS

(Updated 28-4-2012 Time: 11:00 am)

Short Term Buyer Expected 739-736

Just watch 748

If crossover it… and close above it…then hold

your long position for targets

756-764

In case if break…732…then Throw all your long position…

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Nifty Futures Calls 28-4-2012

As we mentioned earlier 5142-5159 is quite strong area which largely attract buyers and nifty just touched it (Yesterday low is 5168)

We have already bought Nifty Future 5160 around 3 days back… Yesterday almost 1st target done…but you might have position for next targets…

What for Today?

Above 5217 will drive it to 5236 and if sustains for 10-15 minutes then likely to run upto 5276.

Positional: “Suppose to close 5270 above…then 5322-5348

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