Nifty outlook and trading levels for 08 Oct 12

Flat opening is expected with increased volatility and stock specific moves.weekly nifty chart is showing bullishness in market and short term resistances are 5910  6100 while near term support  as per chart is 5600

daily chart looking weak and inviting bears to go short for the target of 5580 5600 . next week is action pack .. IIP data and infy result on 12  Oct will decide  the direction of market till then nifty may creep towards 5700 5600.

Trade in Nifty Futures as per these levels
Buy at / above: 5779   Targets: 5792 - 5811 - 5830- 5849
Stoploss : 5759
Sell at / below: 5759   Targets: 5740 - 5722 - 5703 - 5684
Stoploss : 5779

Trade according to trend and stay in trade with stop loss.


Premium messages sent on 05 Oct 12
kailash123p@yahoo.co.in (10/5/2012 9:22:40 AM): nifty Sell at / below: 5818 Targets: 5795 - 5773- 5753- 5733 Stoploss : 5830

kailash123p@yahoo.co.in (10/5/2012 9:20:02 AM): sell dena at 110 sl 111.50 

natural gas sell call performance already uploaded here 
http://www.dhanvarsha.in/2012/10/sell-natural-gas-at-17830-40.html
kailash123p@yahoo.co.in (10/5/2012 10:35:41 AM): sell bajaj auto in cash futures at 1780 1770 tgt 11 22 33 points below sl 1796

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send add request to kailash123p@yahoo.co.in

Vinod Sharma (10/5/2012 11:31:04 AM): shorted Bajaj @ 1780 and cover @ 1770..even after missing the buy tgt once..wow

kailash123p@yahoo.co.in (10/5/2012 11:31:28 AM): cool

Vinod Sharma (10/5/2012 11:35:11 AM): The best part of you is that we dont carry any headache at home.. No position carry farward.. sleep with out tension..get up in the morning follow your instruction and take home 5-8k. depent on trade.. Thank you sir for giving such a fantastic calls