9 October 2012

FUTURE OPTION TIPS FOR 10 OCT 2012

Buy Tatasteel future above 415 tg 421,428 sl 409
Sell HDIL future below 102 tg 100,98 sl 103.70
Buy Reliance 800 put @11.50 tg  15.50 ,19 sl 6.50
NIFTY OUTLOOK FOR TOMORROW
After a fair bit of correction, Tuesday was marked by volatile trading sessions as concerns over the eurozone and worries over the fiscal deficit weighed down the Indian equity benchmarks. The Nifty too ended the day above 5,700 with a 28 point gain. Thus, the immediate resistance zone would once again be located between the 5685 and 5715 range. ...
Once the index clears 5715 decisively, we can start expecting a test of 5735-5750 range on the upside. As the 5750-mark is taken out firmly we would see a sure more uptrend.The most important levels to watch out for  session would be the small range between 5710 and 5730—staying above this range confers a lot of strength while failing to clear and sustain there would suggest a likelihood of fresh selling pressure coming in.
For free nifty tips fill the form on the right  hand side ----->
RESISTANCE:5720, 5750, 5780
SUPPORT      :5680, 5660, 5630

No comments:

Post a Comment