13 February 2013

NIFTY TREND:CALL N PUT TIPS

Buy Nifty 5900 put @ 48 tg 68,82 sl 25
IBREALEST PUT GIVEN IN LAST POST ROCKS ACHIEVED FIRST TGT CONTINUE TO HOLS RELIANCE
NIFTY OUTLOOK FOR TOMORROW
The nifty closed at 5932, up 10 points, after touching 5,969 intra-day trade. There is now a distinct possibility that we might see a pullback in the market  this is all the more probable. Whether it would be a sustainable rally or it is just a pullback and it forms a part of an effort to shake up the bear camp....
Whatever be that we must be vigilant initially regarding the levels between 5950 and 5980 -unless this range is successfully cleared, you can’t see a bull run in totality. Any decisive breach of the said range would give us the confidence for a pullback. Now, going past the level of we meet some strong resistance around the levels of 5990 this is key important zone—if we get past this comfortably then the bulls would firmly in control to push the market even higher.
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RESISTANCE:5950 5980, 6000
SUPPORT      5900, 5850, 5820

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