Archive for August, 2010
Looking at the daily reports and Charts Nifty has tested the support of 5,400 and 5,380 but owing to good recovery in the final moments it closed above the 5,400 level, which is a positive indication for our market. For the day, Nifty has registered its PCR level at 1.10 against 1.13 as of last trading session. Because of selling in indices heavyweights, Nifty failed to cross the 9 & 14 day`s SMA placed at 5,476 & 5,462 but managed to close above 50 and 100 day`s SMA placed at 5,395 and 5,267; these levels may act as new supports, in coming sessions. For the market tomorrow it is expected that some more consolidation and ranged movement in coming days.
NIFTY JUST TOUCH THE TREND REVERSAL POINT @5355 AND
BOUNCE FROM THERE TO CLOSE @5402. THE UPTREND IS
ACTIVE AS LONG AS NIFTY HOLD 5355.
NIFTY JUST IN CRITICAL POSITION AND MAY GO ANY SIDE
LEAD BY GLOBAL FACTORS. CAUTION ABOUT WRONG
MOVEMENT IN THE OPENING HOURS.
WE EXPECT A HIGN VOLATILE AND
WIDE TRADING RANGE IN NIFTY AND
MARKET IN UPTO DEC.2010.
GOLDEN CHANCE TO EARN FROM NIFTY OPTIONS.
MAKE HUGE PROFITS WITH OUR PERFECT CALLS
IN NIFTY OPTIONS.
What happened in the last hour of trade today is only the trailer of things to come in September. We have saying repeatedly use any dip to accumulate your choicest stock at your favored price. There is a huge opportunity in the midcap space.
Intraday Stock Tips For Wednesday(01st, Sept’10)
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Share Intraday Tips for 31st August, 2010 (31/08/2010)
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Buy Indian Hotels
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Mcx Ncdex Commodity Trading Tips
SHARE BAZAAR AND NIFTY OUTLOOK FOR 31st AUGUST, 2010