Positive to gap up opening is expected with retracement possibility . Indian shares fell for a fifth straight session on Monday as investors pared positions in blue-chip stocks such as Reliance Industries ahead of the Reserve Bank of India and the US Federal Reserve’s policy meetings later this week. India’s wholesale price inflation hit a 14-month high in November, as food price surged, cementing expectations the central bank will raise interest rates for a third consecutive time at its policy review on Wednesday. http://www.brecorder.com/market-data/stocks-a-bonds/0/1265140/
State Bank of India’s advance tax payment for the quarter ending December fell 33 per cent to Rs 1,130 crore from Rs 1,701 crore a year earlier. While YES Bank paid Rs 268 crore (Rs 210 crore last year), HDFC is likely to pay Rs 650 crore (Rs 560 crore last year). http://www.business-standard.com/article/finance/sbi-s-advance-tax-payment-down-33-at-rs-1-130-cr-113121600531_1.html
Trade in Nifty futures as per these levels
Buy at / above: 6221 Targets: 6237 – 6257 – 6277 – 6297
Stoploss : 6201
Sell at / below: 6201 Targets: 6184 – 6165 – 6145 – 6126
Stoploss : 6221
Nifty chart is showing that Nifty got support at 50 DMA so bounce was mandatory …fall with volumes from higher level may breach 50 dma if falling wont be there then 100 to 150 points up move can not be ruled out …trade wisely
Natural gas gained more than 10000/- on intra day trades
Calls posted in real time pasted at chart also
Crude traded above 50 points after buy call
call was
16 Dec 13, 02:38 PM [×] [o] admin: BUY crude at and above 5982 sl 5966 tgt 6008 6032 6048 trading at 5988
16 Dec 13, 03:04 PM [×] [o] admin: crude 5984 to 5996 after BUY call http://prntscr.com/2bju7p
16 Dec 13, 03:26 PM [×] [o] admin: crude bang on tgt 1 trading at 6008 enjoy 20 crude points
16 Dec 13, 03:28 PM [×] [o] admin: crude bang on tgt 1 trading at 6008 enjoy 20 crude points BUY advised at 5984 call was 16 Dec 13, 02:38 PM [×] [o] admin: BUY crude at and above 5982 sl 5966 tgt 6008 6032 6048 trading at 5988 http://prntscr.com/2bjx7f
Silver mic moved above 1350 points after buy advise
call was kailash123p@yahoo.co.in (12/16/2013 3:23:12 PM): buy silver mic at 44260 and above sl 43990 target 44560 790 980
Traded like this
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Positive to gap up on 17
