Thursday, September 10, 2009

TODAY’S PERFORMANCE
Nifty gave no chance for trading.
STOCK MARKET TODAY
Nifty had a gap up opening and faded today itself. I feel profit booking was the reason for taday’s correction. Market breath was rather negative and FII’S were net buyers for 400- odd crores. Nifty today too closed above the 4800 levels. I think around 4800 – 4815 levels there was a good buying. I feel global cues were the reason for gap up open.
STOCK MARKET TREND FOR FRIDAY
I suggest visitors to watch 4828 levels and for global cues for tomorrow trade.
FREE INTRADAY TIPS FOR NIFTY
Technically in the price chart an up move stopping pattern was formed. I expect a profit booking tomorrow. Again it depends on global cues. Today too I give both buying and selling levels for nifty. Visitors watch the global cues and trade accordingly with strict stop loss.
NIFTY
BUY ABOVE -4828
TARGET 1 - 4854
TARGET 2 - 4895
TARGET 3 - 4920
STOP LOSS - 4803
SELL BELOW – 4780
TARGET 1 - 4756
TARGET 2 - 4720
STOP LOSS - 4803
STOP LOSS - 4803

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