Wednesday, August 8, 2012

Nifty outlook for 08 August 12


Positive to gap up opening is expected .Expecting range bound trades... panic buying or short covering is not started till now  .Nifty will fly if short covering will take place ...
Trade in Nifty futures as per these levels
Buy at / above: 5365   Targets: 5381 - 5399 - 5417 - 5436
Stoploss : 5347
Sell at / below: 5347   Targets: 5331 - 5313 - 5295- 5277
Stoploss : 5365


BF utilities futures traded at 440 and spot at 437 ... advised to buy at and above 405 on Aug 01 ..
9 % net gains within a week 
please check call was posted here
http://www.dhanvarsha.in/2012/08/buy-bf-utilities.html

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