NIFTY RETRACED A FALL TODAY

Sell Reliance future below 805 tg 799,796 sl 812

Buy Petronet future bove 117 tg 119.40,121.50 sl 114.80

RELIANCEINFRA CALL given in last post achieved first target today

NIFTY OUTLOOK FOR TOMORROW

Nifty could not sustain the level of 6140,it opened at 6127 and witnessed a downfall in rest of the trading session. Nifty made a low of 6088 in intraday trade. Nifty retraced a fall today, gave a expected breakout above the 6090 level. Range 6110-6130 is the supporting range for next trading sessions However, given the state of international markets this morning after the European and the American markets closed in the red....

NIFTY OUTLOOK FOR 10 FEB14

 End of the week Nifty futures opened at 6067 made a high of 6077 and ended at 6034.The index is showing some signs of revival despite its failure to close above the 6070-mark. We have seen some good buying by domestic institutions while the FIIs continue to be sellers in the index future and cash segments both in large amount to offset an otherwise substantial buying by their domestic counterparts....

UPDATES FOR NIFTY TRADING TODAY

RUPEE V/S DOLLAR 

 The rupee continued to rule firm for the third consecutive day today by gaining another 11 paise to 61.13 per dollar on persistent selling of the US currency by banks and exporters in view of strong foreign capital inflows. 

WORLD MARKET UPDATE

NIFTY TIPS FOR 11 DEC 2012

BUY NIFTY 6000 CALL @ 40 TG 66,79 SL 22
PANTALOONR 230 Put igiven in last postmade high of 9.6 continue to hold for tgt.

Nifty found good support at 5900,as we predicted the upswing continued today. It made a high of 5914 and a low of 5894 today. It  recovered from the day's low to provisionally end flat on Monday led by a rally in public sector banks

NIFTY FUTURE BUY SELL SIGNALS

Nifty Future varies with Nifty Spot level most of times..this difference is known as Premium or Discount which can be used as trading signal.

1. If Nifty future is trading higher than nifty spot, then nifty future is trading with premium.

2. Second case, if nifty future trades lower than nifty spot level, then we conclude nifty future is trading with discount.

PREMIUM= nifty future - spot nifty
DISCOUNT = spot nifty - nifty future

also these premium and discounts converges to zero at the closing date of future ie on last thrusday of every month.

At this stage you have learnt to find if nifty future is trading at premium or discount. How to use it in actual trading here are points:
1. Premium shows

 near term demand and is more likely that nifty future will trade higher in coming sessionsSo when nifty future is quoting premium over nifty spot then, nifty is buying opportunity and more trade idea will be enter long position.BUY SIGNAL

2. Discount shows

 just opposite to premium; in case of discount, supply is higher than demand. It suggests nifty future is likely to correct soon. Trading idea is short sell nifty future when future quotes lower as compared to nifty spot. SELL SIGNAL