September 6, 2009

A foot ball Game

Markets are behaving like a foot ball which is struck to both ends of the coat and not able to make a single goal. But the side which make's their first goal will be the ultimate winner of this game. Here forward players are taking the ball and defensive players waiting for their chance. I am defensive as of now.

On friday Nifty obeyed the gap zone @ 4580 and bounced from there to reach 4700 level. Lot of stocks showed upper move. Particularly IFCI given a bullish break out. Short term investor can eye on ISPAT also.

Nifty Future levels for Monday:

4606 - 4644 - 4668 - 4694 - 4714 - 4744





Nifty Future call for the day:

Buy above 4710 Tgt 4738 - 4754.... SL 4694

Sell below 4666 Tgt 4644 - 4618.... SL 4688

Friends trade safe and have a great day.

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