Monday, June 13, 2011

Trading ideas for 14/06/2011





INTRA CALLS WILL BE IN COMMENT SECTION




Expected Bullish Stocks For 14/06/2011: TATASTEEL, ADANIPOWER, OPTOCIRCUI,BEL,NATIONALUM.

Expected Bearish Stocks For 14/06/2011: MAX, KTKBANK, TATAGLOBAL, GLAXO, AREVAT&D, MCLEODRUSS.

--------------------------------------------
CASH MARKET

FII -304
DII + 27

FII DERIVATIVES

Index -365
Option +337

For today’s trading NF may take support at 5480

Above 5480 NF may rally up to 5525

Below 5480 NF may correct up to 5450
-------------------------------------------

NIFTY LEVELS

Nifty future's projected high and low for next session is 5532 and 5417 (use this projection with other indicators). Nifty future's immediate support now comes at 5495-5493 zone. If sustains that zone in morning trade up move will be seen towards 5531-5544 zone. Crossover and sustenance above 5544 will show real buying to 5589 level itself. But if cannot sustain above 5495-5493 it will again rretest 5475-5441 and this time below 5441 a real free fall will be seen which may take Nifty future upto 5393 zone.

Nifty looks little positive with yesterday finish.

Watch PUNJLOID
Posted by Justin at 3:54 PM

6 comments:

  1. JustinJune 14, 2011 at 12:48 PM

    Thanks for that.

    ReplyDelete
  2. JustinJune 14, 2011 at 12:48 PM

    5400 has become a solid support for this series and it looks like the base is shifting slowly from 5400 to 5500.

    ReplyDelete
  3. JustinJune 14, 2011 at 12:48 PM

    World market futures are looking solid at this movement.

    ReplyDelete
  4. JustinJune 14, 2011 at 1:30 PM

    Buy Tata Motors ar Rs990 with SL of Rs978 for target of Rs1020

    positional

    ReplyDelete
  5. JustinJune 14, 2011 at 2:23 PM

    Buy hold yes bank for a target of 320 and average it if it goes down.

    Regards

    ReplyDelete
  6. JustinJune 14, 2011 at 2:30 PM

    Bhel looks strong

    ReplyDelete

Subscribe to: Post Comments (Atom)