SUMMER SEASON HAS STARTED & BIRDS ARE HUNTING FOR WATER,

KINDLY ARRANGE TO PUT EARTHERN POTS AT UR BALCONY/TERRACE WITH FRESH WATER DAILY

Invite your Friends & Earn Referral Income!

Friday, February 26, 2010

FII SOLD 595 CR IN F& O
FII BOUGHT 616 CR IN CASH
DII bought 326 CR
SGX NIFTY CLOSED@ 4857/4810(MADE AN INTRADAY LOW OF 4806)
VIX-29.55
$ INDEX- 80.97(PREV CLOSE-80.91)

NS VIEWS:
RES:4884-4910-4930
SUP:4835-4803-4772

BUY ABV 4862,SELL BELOW 4846
TOMM NIFTY MAY OPEN WITH NEGATIVE BIAS(OR EVEN GAP DOWN)ON WEAK GLOBAL CUES, NIFTY MAY FIND STRONG SUPP NEAR 4803-4797..AAND MAY PAUSE IN RANGE TILL BUDGET SPEECH STARTS..MAY SEE STRONG RECOVERY FROM 4803 ,BUT IF BUDGET DOES NOT TURN OUT TO BE MARKET FRIENDLY THEN EXPECT MORE SELL OFF COMING TO 4772-4748...IF BREAKS 4748..THEN SWIFT FALL TO 4685-4635.
BUT IF RECOVERS ON POSITIVE VIEWS IN BUDGET THEN ABV 4835 MAY SEE 4860-4884-4910

BUY NF NEAR 4803 WITH SL 4772..FOR TGTS 4860-4884..IF GOES BELOW 4748 AND SUSTAINS BELOW IT THEN SHORT WITH SL 4772 FOR TGTS 4718-4685-4635

CAUTION IN ALL TRADE IS ADVISABLE AND PLEASE TRADE WITH STRICT SL AS MARKETS CAN BE VERY VOLATILE TOMMORROW

Two things always in Life to be remembered...
Don't take any decisions when you are Angry...
& Don't make any promises when you are Happy..

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