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Pre Market Alert on 10-02-10

 
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Author Pre Market Alert on 10-02-10
sraj
White Belt
White Belt


Joined: 11 Feb 2009
Posts: 274

Post: #1   PostPosted: Wed Feb 10, 2010 7:50 am    Post subject: Pre Market Alert on 10-02-10 Reply with quote

WORLD MARKET

American and Asians are in good mood, reflecting this Singapore nifty also doing well, based on this nifty spot may touch 4880 today,

NIFTY SPOT

Today there is a chance for nifty spot to move up to 4880 ++, basically some guiltiness is going in market, due to continues selling from Fii's side, due to this current year may have some chance to give some nervousness to investors again, and as we saw before, if nifty wants to move up then 5050 to 5100 may give some strong resistance,

In the year 2007 Fii were doing the same and we faced heavy correction in 2008, so always be perfect with your profit, don't hang for too many profits and do trade with perfect s/l (short term and medium term investors), and long term investors can wait for some time, this is not a right place to invest for 2 to 3 years view (this is my state),

Today if nifty spot breaches 4773 then further down fall may come, according to nifty levels, and today is the same day like yesterday

NIFTY SPOT TODAY’S LEVELS

Nifty Spot above 4802 Target 4827, 4845, 4854, 4875, 4881, 4897

Nifty Spot below 4784 Target 4773, 4753, 4725, 4703, 4694, 4677, 4650, 4542

SCRIPT TO WATCH

SBI


Buy above 1958 Target 1974, 2054, s/l 1930

THANKS
SARAVANABALAAJI
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