Interestingly, the market's gains came despite the continuing selling by domestic institutions. BSE data showed DII's were net sellers at Rs 173 crore, and market players believe that the constant selling by the DII's could be because of profit booking.
‘‘The sources we work with have told us that LIC is probably selling as the markets are performing well now, as they started buying when the indices were quite low, between 10,000 and 14,000,'' said head of a local brokerage.
‘‘The sources we work with have told us that LIC is probably selling as the markets are performing well now, as they started buying when the indices were quite low, between 10,000 and 14,000,'' said head of a local brokerage.
Dhanvarsha Crucial Nifty Futures levels
<<<5380>><<<5400>>><<<5424>>><<<5447>>><<<5462>>><<<5485>>>>
Flat to positive opening is expected ...possibility is there that Nifty future will make double top ...at 5476 ...on successful breaching of 5476 Nifty will move to higher levels. Otherwise Bears will come in power and start their play . Therefore we can assume crucial day both for Bulls and Bears .
Please read the instructions, carefully before placing your trade order for nice gains by clicking this link.
http://dhanvarshagrp.blogspot.com/2010/01/how-to-trade-on-my-calls.html
Many friends are not able to understand my concept.. coz i am not asking them to buy above and sell below as per the present tradition ...so my answer for them is think zara hat ke...come out from old pattern of 19th century, we are in 21st century so since how long we will or you will follow the same old principles...Every day I am proving that my concept is practical and workable ..you just have to see where is the current market price ...and story finish ..
levels below the CMP in the hold of Bulls and they will care for it till their last breath and levels above CMP in the control of Bears ...and they are there to protect that particular level ...
Now you can imagine easily if forces are there to save the level.... is it simple or easy to penetrate it? Obviously the answer will be No ...
so How the level will break now ...?
to break upper level say roof / resistance/Bear grip what will be needed ....buying pressure with volumes ..which will be generated by good news ..
and for breaking the lower level /support /Bull grip.... need is only of bad news, due to that all lower levels will break rapidly .... will create panic in bulls , bear will start celebrating their victory ... benefited by bad news
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