07-02-13:
NIFTY TREND:
STILL BEARS ARE TRYING TO DOMINATE, SINCE FII ARE COUSCOUS. EVEN THOUGH MARKET BREADTH IMPROVED BY RESPECTING 50 DMA VOLUMES ARE NOT SUPPORTIVE TO TAKE POSITIVE DIRECTION. WE CAN SEE SELL @ HIGH ONLY. TILL NIFTY SPOT CROSS 6000 LEVEL AND CLOSES FOR AT LEAST 2 DAYS SUBSEQUENTLY. RANGE COULD BE 5940-6005. STILL USD OUT FLOW IS NOT THERE, FII ARE VERY MUCH IN MARKET, BY PLAYING CALLS AND PUTS AS PER THE TECHNICAL LEVELS.
NIFTY LEVELS:
PIVOT: 5968
RESISTANCE: 5982/6006/6020
SUPPORT: 5945/5930/5907
STOCKS TO WATCH: PFC, MARUTI, OPTOCIRCUITS, SAIL, NTPC (SUBSCRIBERS HAVE GOT SPECIFIC ADVISES)
SUBSCRIBE WITH US TO GET SPECIFIC ADVISES IN RIGHT TIME
NIFTY TREND:
STILL BEARS ARE TRYING TO DOMINATE, SINCE FII ARE COUSCOUS. EVEN THOUGH MARKET BREADTH IMPROVED BY RESPECTING 50 DMA VOLUMES ARE NOT SUPPORTIVE TO TAKE POSITIVE DIRECTION. WE CAN SEE SELL @ HIGH ONLY. TILL NIFTY SPOT CROSS 6000 LEVEL AND CLOSES FOR AT LEAST 2 DAYS SUBSEQUENTLY. RANGE COULD BE 5940-6005. STILL USD OUT FLOW IS NOT THERE, FII ARE VERY MUCH IN MARKET, BY PLAYING CALLS AND PUTS AS PER THE TECHNICAL LEVELS.NIFTY LEVELS:
PIVOT: 5968
RESISTANCE: 5982/6006/6020
SUPPORT: 5945/5930/5907
STOCKS TO WATCH: PFC, MARUTI, OPTOCIRCUITS, SAIL, NTPC (SUBSCRIBERS HAVE GOT SPECIFIC ADVISES)
SUBSCRIBE WITH US TO GET SPECIFIC ADVISES IN RIGHT TIME
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