Impact of IIP & Inflation data on Indian Market : 13 Nov 13
Negative to gap down opening is expected …yesterday morning it was posted “ 5 hour sgx Nifty chart is showing that Nifty futures are having no support till 6000 level … ” http://dhanvarsha.in/flat-negative-opening-12-nov-13/ and Nifty corrected by almost 85 90 points from day high …yesterdays all messages posted at http://clientsviews.blogspot.in/2013/11/premium-messages-12-nov-13.html
Nifty futures sell advised at 6150
Kailash123p@yahoo.co.in (11/12/2013 9:22:00 AM): sell nf at and below 6150 sl 6166
Kailash123p@yahoo.co.in (11/12/2013 9:22:54 AM): speculative trade sell nf at and below 6150 sl 6166
futures traded below 6064 Kailash123p@yahoo.co.in (11/12/2013 9:23:26 AM): trading at 6152
Kailash123p@yahoo.co.in (11/12/2013 9:25:49 AM): buy 6100 pe at 70 72 sl 65 tgt 78 84
pe traded above 113
we are unable to locate perfect support before 5850 …
: iip data was gud but inflation http://www.dnaindia.com/money/report-iip-growth-disappoints-retail-inflation-soars-1918230
Trade in Nifty futures as per these levels
Buy at / above: 6043 Targets: 6061 – 6080 – 6100 – 6120
Stoploss : 6021
Sell at / below: 6021 Targets: 6009 – 5989 – 5970 – 5951
Stoploss : 6043
for banknifty when it was trading at 11499 it was shared ” below 11400 next supports are 10800 and 10200…” http://dhanvarsha.in/nifty-may-test-5800-near-future/ and bank nifty almost corrected by 800 points from there …10400 if broken next major support will be 9600
Crude trade
Kailash123p@yahoo.co.in (11/12/2013 7:38:13 PM): sell crude at cmp 6082 as sl is safe in trade call was kailash123p@yahoo.co.in (11/12/2013 6:44:38 PM): sell crude at 6067 75 sl 6096 tgt 6056 6034 6012
Kailash123p@yahoo.co.in (11/12/2013 8:48:28 PM): crude got support at 6060 bounced making double bottom sell on rise sl same trading at 6086 http://prntscr.com/23nre3
later traded at 6022 …
Impact of IIP & Inflation data on Indian Market : 13 Nov 13