AREVA T&D ON FIREEEEEEEEEEEEEEEEEEE

YESTERDAYS AREVA T&D WATCH NOW...........

310 TO 332 ............

BUY FSL FUT

BUY FSL 30 CA @ 1.7 SL 1.25 TARGET 2.5 - 4- 6

BUY FSL FUT @ 30.15 SL 29.5

7th OCTOBER NIFTY VIEW

On the back of big gains in US markets, Nifty Future opened strong and made a high of 6243 - just 5 points short of the previous high, and retreated by mid day to a low of 6185 and closed strong at 6214....In spite of very good global cues, Nifty Future did not make a new high and continue its upward march. Was this due to the effect of 'Divine Guidance' mentioned by me two days back about the 6248 high? I wish I had a definite answer to this.... In the second half of the trading session, Reliance made a smart up move with good volumes and is now poised to lead the market from the front.

For tomorrow, on up side one needs to watch 6248 and break above it should be taken advantage of with suitable stop loss. One needs to keep a watch on Reliance for judging the sustainability of the next phase of the up move. possibility gets nullified when Nifty future trades below 6175. The way market has remained in the narrow range for the past three days, Nifty future can hit 6120 .

All the best

BUY AREVA T&D

BUY AREVA T&D FUT @315 (buy more on dips) sl 290 target 350-400-500 (1-2 months)

ALERT : LAST 2 DAYS OPTIONS CALLS.

PRAJIND 80 CA MADE HIGH 4.5 (DOUBLE FROM MY LEVEL) ... MORE TO COME .

RCOM 180 CA GOING GOOD 9.25 HIGH

JP ASSOCIATES CALL ALSO GOING GOOD.

BOOK HERE OR REVISE SL.

6TH OCTOBER NIFTY VIEW.

In today's trading Nifty Future opened at yesterday's level and made two attempts to go up but in vain. During the day, Nifty Future made a high of 6225 and low of 6169 and closed at 6183. Though, Nifty Future has made lower top and lower bottom, but the size of the candle being small, and the markets being in firm bull grip, possibility of the up move continuing can not be ruled out at this stage. Moreover, as shown on the 30 min chart, Nifty Future has taken support on the trend line and the same can hold.

For tomorrow, one should consider going short only below 6165 with a stop loss of of 6210. On the down side, Nifty Future will find support at 6125 and trend line support at 6100. Close below 6100 may accentuate the fall. Existing short positions should be held with strict stop loss of 6215.

Fresh Long positions are best avoided.

All the best.

YESTERDAYS PRAJIND 80 CA HIGH 3.7

2.2 TO 3.7

STILL MY TARGETS SAME ....

HOLD WITH REVISE SL.