Thursday, April 19, 2012

Nifty outlook 19 Apr 12


Flat to positive opening is expected  with possibility of range bound trades around 5300 spot...
option data is showing huge build up of puts at 5200 and calls at 5400 so nifty range till expiry seems as it is squeezed to 5200 to 5400 ...

Major results today
ACC
Ambuja
indusind bank
hindzink
Trade Nifty futures as per following levels ..
Sell at / below: 5332  Targets: 5304 - 5287 - 5258 >>>
Stoploss : 5345

Buy at / above: 5345   Targets: 5364 - 5384>>>
Stoploss : 5331





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