Friday, October 29, 2010

NIFTY THIS WEEK
This week nifty traded in a tight range with negative bias and closed above the 6000 levels. Volume was increased compared to previous week. This week FII’s trades were mixed. They had sold more than what they bought. Technically an indecisive and side pattern had continued this week too.
Due to technical reasons I could not update Dow Jones view.
NIFTY NEXT WEEK
Global cues would lead the market next week. Fed’s meeting would be significant to be watched. Below the 6000 levels I feel nifty may further weaken. However, as US economy grows at slightly faster pace, my bias would be positive for next week. For past four weeks nifty had been trading in side ways. Technically I expect a upside breakout come week. Let’s see what happens next week.

NIFTY NEXT WEEK TRADING RANGE
FOR UP MOVE 6000 - 6300
FOR DOWN MOVE 6000 - 5800
NIFTY ON MONDAY
Global cues would lead the market on Monday. As FII’s were remained net buyers on Friday we may expect an up move on Monday. Let’s see what happens on Monday.
NIFTY TIPS
BUY ABOVE 6000 T1 – 6030, T2 – 6060, T3 – 6090 STOPLOSS – 5985
SELL BELOW 5985 T1 – 5955, T2 – 5925, T3 – 5895 STOPLOSS - 6000

SUBSCRIPTION DETAILS.

NIFTY FUTURE TIPS - 3000/= per month.
• DAILY 1 – 2 CALLS on CURRENT MONTH FUTURES
• Sometimes BANK NIFTY CALLS given
• MONTHLY around 35 – 40 CALLS in 22 trading sessions
• WEEKLY market predictions & TRADING RANGE given
• We assure 70% - 80% ACCURACY
• Good attention all the time
• Calls given through SMS.


STOCK TIPS - 3000/= per month.
• Daily 3 – 5 cash market calls
• Around 6 – 8 swing calls will be given per month
• Nifty daily outlook will given
• We assure 70% - 80% ACCURACY
• Good attention all the time
• Calls given through SMS.

For subscription, drop your mobile number, name & product in the comment box. For payment, I sms my bank account number.

For any queries mail me, scsudha72@gmail.com

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