Gap down opening is expected with mixed bias and extremely volatile session ahead ..
buy on dips till nifty is trading above 4945 ..
it is in good health above 4945 and may trade above 5000 either today or tomorrow ...
current nifty range is 4945 - 5070 ..
below 4945 it will trade in 4785 >< 4945 its old range ,so 4945 is crucial for both -bulls and bears ..
keep strict stop loss of 4924 ..
Trade in nifty futures as per these levels
Buy at / above: 4946 Targets: 4967 - 4988 - 5007- 5028- 5055 >>
Stoploss : 4924
Sell at / below: 4924 Targets: 4899 - 4881- 4857- 4830 >>>Stoploss : 4946
market will be extremely volatile
trade with strict sl placed in system.
Never trade without stop loss on my calls ..
have a nice day ...
yesterdays calls ...
kailash123p@yahoo.co.in (5/29/2012 8:30:44 AM): place pre mkt buy order for
4900 call at 87 sl 77 tgt 110 125
23 points gained
kailash123p@yahoo.co.in (5/29/2012 10:07:54 AM): buy jp futures at 61.80 85
kailash123p@yahoo.co.in (5/29/2012 10:08:17 AM): sl 60.80
kailash123p@yahoo.co.in (5/29/2012 10:08:47 AM): tgt 62.40 62.90
kailash123p@yahoo.co.in (5/29/2012 10:08:57 AM): 63.90
1 point gained = 4000 Rs per lot
kailash123p@yahoo.co.in (5/29/2012 4:38:27 PM): buy nat gas at 143.60 sl 141.80 tgt 144.80 145.90 146.70
146.30 traded means 2500/- gain per lot
kailash123p@yahoo.co.in (5/29/2012 7:45:50 PM): sell silver at 54840 860 sl 55025 tgt 54610 54310
53800 traded almost 1000 points gain 1 lot means gain of Rs 30000/-
view complete archives at
news may support bulls
U.S. stocks advanced more than 1% Tuesday amid positive headlines out of Greece and China, even as the euro fell on worries about a deepening debt crisis across the pond.
Flagship explorer Oil and Natural Gas Corporation's net profit more than doubled to Rs 5,644 crore in the quarter ended March on the back of high crude price and the fall in rupee offsetting a steep rise in fuel subsidy outgo. Net profit for the full 2011-12 fiscal rose 33% to Rs 25,123 crore.
