Monday, June 20, 2011

Dhanvarsha crucial Nifty Futures Levels and market prediction

Today's levels..
<<<5325>>>><<<5351>>><<<5376>>><<<5401>>><<<5427>>><<<5449>>><<5475>
>>

 Please  read instructions  before placing your  trade  order .

http://dhanvarshagrp.blogspot.com/2010/01/how-to-trade-on-my-calls.html

           Flat to positive opening  is expected with mixed bias and volatile session ahead  .Nifty daily chart is showing that it was closed at 23.6 % Fib retracement level... is indicating for range bound market or  a counter rally is possible here but won't allow further fall at least for today's trades   ...few Nifty heavy weights are giving technical breakout signals in highly oversold zone...Impact of RBI credit policy is already discounted...advised to trade  cautiously seeing  market direction .Above 5390  market will be good for bulls... below that be cautious and avoid initiating fresh long positions in Nifty ...Stock specific moves may  be there so search opportunities in stocks for trading.
Keep watch   SBI , ICICI,Bata and RCOM . 
FIIs were net sellers on Friday .
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