19th August Nifty View

In today's trading Nifty future opened near yesterday's level and for the better part of the day remained choppy and traded at discount to the spot. In the last one hour, once it moved above 5450 it had a Sharp up move - In my view mainly due to short covering and discount turning to premium. It is pertinent to note that today, Nifty Future made a new high - 5494, but Nifty spot (5488) did not make a new high.that on 9th Aug (when previous top was made) Nifty Spot made 5492 where as Nifty Future remained at 5489.

Though we have made a new high today, I would continue to remain cautious as we have trend line as a hurdle at 5514.

would not advise long position at higher levels. Moreover, we are close to the upper end of the channel which is at about 5555. At higher levels, I would take the opportunity to sell on delivery basis and be liquid to take advantage of buying on steep corrections. To sum up, at higher levels Nifty Future will find resistance at 5515 - 5545 and 5570.

Short positions may be taken below 5440 with stop loss of 5460. On down side 5400 - 5363 and 5320 will provide support.

All the best.

BTST......100% sureshot trade

SAYING AGAIN N AGAIN BUY BUY BUY..... LAST CHANCE TO BUY ...THIS IS MY BTST ALSO .
TREADS(TREADDIRECT) @CMP 11.8 TARGET 15 -18-20

ALERT

DON'T BUY @ THIS LEVEL .... NIFTY STRONG RESIS AREA 5490 -5555 .


BANK NIFTY SELL MORE @ HIGHER LEVLS @ 10,900 -11,000 AREA......DON'T BUY .


BUY SEP 5400 PUTS .... HADGE WITH 5500 CE august .

SELL SELL BANKNIFTY

SELL BANK NIFTY 10,755- 10,780 LEVEL SL 10,840 TARGET 10,615 - 10.240-10,120

BIG BOY RELIANCE UPDATE

RELIANCE SUPPORT 964 ... BELLOW THIS LEVEL 910 -888 TARGET .

Onecan buy with SL 964 levl or SELL BELLOW 964 sl 973 target 910 - 888..

take ur own decession

BUY BUY DLF @ CMP

BUY DLF @ 320 -321 SL 316 TARGET 328 -333- 338



UPDATE : DLF SL HIT

ALERT

HYDIND ,SRF ,INDIAINFO,FORTIES,CESC,EDUCOMP,TRADES ALL ARE FIRE TOWARDS TARGETS.


BUY BUY BUY TREADS @ 11 - 11.5 levl ... targets 15 -18 (next 1 week)


NO CHARM IN MARKET ....DON'T BUY NIFTY FUT AT THIS LEVLS. ...ITS VERY RISKY ... IF U HAVE ANY LONGS EXIT AND SIT WITH CASH.......

ME NOT SUGESTING ANY LONG TRADES IN NIFTY .........SHORT BELLOW 5400 SL 5460 .

CESC @404.75

CESC 400 TO 404.75 WITH IN MINUTES ... R U NJOYED OR NOT ??? MORE TO COME ....TRAIL SL

BUY CESC

BUY BUY BUY CESC@ 400 SL 396 TARGET 408 - 416

BINDALAGRO :)

YOU GUYS REMEMBERED ME GIVEN CALL in 12th August BINDALAGRO .....WATCH NOW ... 5% UP ... NOW TRADING HIGH 17.90 .....ABOVE 18.2 TARGET 21 - 25 -36

WATCH YESTRDAY CALL SRF 261 TO 270

Forties moving up up 166

US up but our market moving down ...hold puts

BTST UPSATES

FORTIES 1ST TARGET HIT ....BOOK HALF HERE AND REMAINING HOLD FOR MORE TARGETS NEXT FEW DAYS

NIFTY SEPT 5400 PE HOLD WITH SL .

BUY BUY BUY

BUY BUY TREADS(TREADDIRECT) @CMP(ONLY TRADING NSE)........Before ME TYPING Words...Stock moved 10.5 to 11.5 ....No problem at all ... BUY BUY BUY .... MY TARGET 15-20 WITHIN 1 WEEK..