Nifty outlook and trading levels for 07 Sept 12

Gap up above  50 to 60 point is expected with extremely bullish sentiments so plan long intra day trades only in oversold stocks .only few stocks may correct today till 1400 hours.after that we may see some profit booking in few stocks.
Trade in nifty futures as per these levels
Buy at / above: 5310  Targets: 5326 - 5344 - 5362 - 5381
Stoploss : 5292
Sell at / below: 5292   Targets: 5277- 5258 - 5240- 5222
Stoploss : 5310
last day it was said .
Nifty rested at trend line and lower bollinger
closed well below 50 dma which is at 5265
today it must move up and close in positive if nifty wont stop here then panic sell off will be there

  and lower trend line and lower bollinger worked well and sent Nifty with volumes to positive area
Next Hurdle for bulls may be 5331

we are  firm on our view "Recommendation of Postponement of  GAAR by three years by expert committee will lift  nifty to  5500 and above  within 90 days" posted here  http://www.dhanvarsha.in/2012/09/possible-nifty-range-for-week-ending-07.html
Nifty will give you 50 points and bank Nifty will 200 and more if you are holding these 2 recommended after 3.15  PM yesterday

kailash123p@yahoo.co.in (9/6/2012 3:16:41 PM): buy bank nifty again at 9935
kailash123p@yahoo.co.in (9/6/2012 3:26:05 PM): buy nifty at and above 5256

see here too
kailash123p@yahoo.co.in (9/6/2012 2:37:48 PM): bank nifty at 10004 ..first tgt achieved call was kailash123p@yahoo.co.in (9/6/2012 11:23:11 AM): buy bank nifty at and above 9935 sl 9840 tgt 10000 10095 
kailash123p@yahoo.co.in (9/6/2012 10:25:31 AM): buy bhartiartl in cash/futures at 253 and above sl 249.40
Bharti traded above 255 lot size 1000....


shahbuddin (9/7/2012 7:49:59 AM): namaste sir ji
kailashchaturvedi@ymail.com (9/7/2012 7:50:09 AM): gm
shahbuddin (9/7/2012 7:50:34 AM): mere pass nifty 5256 me hai or bn 9935 me hai
kailashchaturvedi@ymail.com (9/7/2012 7:50:40 AM): ok
kailashchaturvedi@ymail.com (9/7/2012 7:50:53 AM): no exit at pre market
shahbuddin (9/7/2012 7:51:01 AM): or bhel 210ce 4.15 me hai
kailashchaturvedi@ymail.com (9/7/2012 7:51:11 AM): market open ke bad
shahbuddin (9/7/2012 7:51:24 AM): ok
kailashchaturvedi@ymail.com (9/7/2012 7:51:28 AM): nifty sl 5291 dal dena
kailashchaturvedi@ymail.com (9/7/2012 7:51:43 AM): bn sl 10095 dal dena
kailashchaturvedi@ymail.com (9/7/2012 7:51:55 AM): and stay with sl
kailashchaturvedi@ymail.com (9/7/2012 7:52:14 AM): bhel ka sell pmo 4.95 dalo
kailashchaturvedi@ymail.com (9/7/2012 7:52:23 AM): ok
shahbuddin (9/7/2012 7:52:57 AM): ok

cutie...