NIFTY FUTURE 16-8-2012

CASH-NIFTY-INTRADAY.

  • Fall in inflation below 7%, which was below RBI’s comfort level.
  • Today three CAG (Comptroller and Auditor General) reports will be tabled in parliament.
  • Possible resistance at upper Bollinger band which is near 5460 levels.
  • You can think for 5586-5612 if trade 5350 above cash nifty…

BUY NF 5368-5386 and SL 5362 go for targets 5438-5462

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Larsen & Toubro updated at 02.30 pm

LT has achieved target of 1454.

Bought at 1437 with stoploss =1431

Still looking bullish and if closes above 1459

for two days then expect 1469-1476

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Share Tips Updated on 14-08-2012 at 08.20 am

Jindal Steel & Power

401-397 strong support zone

2 close above 413 may drive it

to 432-434 levels.

Dabur

Good support at 119-121.

3 close above 123 then expect 128-130.

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Nifty Futures Intraday Calls

Nifty Future
(Updated on 14-08-2012 at 07.50 am)

Yesterday NF lowered at 5326..85 and then moved up higher at 5377.70

towards the end of the session and closed at 5371.90.

5359-5352 is Intraday support.

If sustains and trades aboe 5365 then expect rally up to 5378-5384.

5391-5397 zone is hurdle zone.

Breaking below 5346 Nf may slide up to 5333-5328.

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We recommended to buy Reliance and Maruti yesterday during last half an hour and see the Result

Yesterday during  last half an hour we bought

Reliance at 778 with sl below 774

for target =792

Maruti at 1145 for target = 1158-1165

with sl below 1140

Now see the Result

Market is sideways and…

Reliance formed high at 788

whereas Maruti Achieved both it target

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Nifty Future

Todays Thought

THOUGHT FOR TODAY
Inner Beauty
“Wow…that’s beautiful!” Is either a cry or a thought when faced with the mountain sunset, a spectacular view or a well formed man or woman. But where is the beauty, where is the appreciation of beauty, where is the ability to discern beauty? It is within our own consciousness. For the essence of who and what we are is beauty itself. The essence of beauty is not found in the body, a face or a mountain – they only stir the essence of beauty within our own spirit. And that beauty is not only something we taste within ourselves, but it emerges in our character as virtue, and in our life as care. For what is virtue, but love in action. The next time you say, “That’s beautiful!” know that you speak of yourself, and it is you who are beautiful. Always were, always will be.

Nifty Future

(Updated on 10-08-12 Time 08.20 AM)

Breakout below 5324 and then not able

to cross 5337-5343

NF may slide lower at 5310-5298.

If weakness persists then slide may

extend up to 5376-5362.

If trades above 5355 with volumes for

10-15 minutes then expect 5368-5374-5382.

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