Nifty Gains

NIFTY EXCLUSIVE TRADES/NIFTY FUTURE & OPTIONS PREDICTIONS & STRAGIDIES/ ACCURATE TECHNICALS/SAFE TRADES

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Market OutLook For 10/09/08

NiftyFutures
NiftySpot

Resistance 4510/4540/4570
Support         4450/4420/4390
Resistance   4495/4525/4555
Support         4425/4395/4365

Markets View

Market's to remain highly volatile. Lakshman rekha for nifty future is at 4550. Sell Nifty futures at higher levels. For today's trading sell Nifty futures at 4500-4510 levels. Resistance for Nifty future is at 4525-4550, while major support is at 4200. For fresh positions look over the table below.

*Subject To Intraday Breakouts LEVELS/HOURLY CHARTS

Major levels for Nifty Futures

Levels	Long	Sl	short
1	-	4512	4475
2	-	4515	4475
3	-	4494	4458
4	-	4525	4475

Here, the long represents the level where our clients have taken long positions and maintaining the stop loss for the corresponding levels and vice versa for the short positions

CALLS FOR OUR VIEWERS

Nifty	Previous close	Calls		Stop loss
			Position
Calls	4482	4438	sell below	4525

PERFORMANCE AS ON 01/08/2008

NIFTY GOLDMINE: WE WENT LONG NIFTY FUTURES AT 4350 AND COVERED AT 4390 WITH THE PROFIT OF 40 POINTS.

PERFORMANCE AS ON 05/08/2008

NIFTY GOLDMINE: WE WENT LONG NIFTY FUTURES AT 4460 AND COVERED AT 4490 WITH THE PROFIT OF 30 POINTS.

PERFORMANCE AS ON 12/08/2008

NIFTY GOLDMINE: WE WENT SHORT NIFTY FUTURES AT 4610 AND COVERED AT 4550 WITH THE PROFIT OF 60 POINTS.

PERFORMANCE AS ON 14/08/2008

NIFTY GOLDMINE: WE WENT SHORT NIFTY FUTURES AT 4490 AND COVERED AT 4450 WITH THE PROFIT OF 40 POINTS.

PERFORMANCE AS ON 23/08/2008

NIFTY GOLDMINE: WE WENT LONG NIFTY FUTURES AT 4337 AND COVERED AT 4359 WITH THE PROFIT OF 22 POINTS.

INTRADAY CHART

DAILY CHART

SENSEX

For the current week Sensex faces resistance around 16000-16250 levels on lower side support remains at 14500-14000 levels.

Major Trend

For the current week Nifty futures will face resistance around 4500-4550 levels, while the support remains at 4200-4250 levels. Markets to remain highly volatile for coming days.

We advice traders to split their Portfolio in respect to the current trend

1. Long Positions:50% 2.Neutral:15% 3.Short positions: 35%

Index	Prev. Close	Open	High	Low	Last	% Change
S&P CNX NIFTY	4482.30	4485.15	4497.50	4418.95	4466.10	-0.36
S&P CNX DEFTY	3519.80	3463.15	3477.55	3413.95	3454.10	-1.87
S&P CNX 500	3575.05	3556.50	3580.15	3532.55	3556.40	-0.52
CNX NIFTY JUNIOR	7237.70	7195.10	7209.95	7138.25	7159.55	-1.08
CNX MIDCAP	5784.00	5779.20	5779.20	5741.20	5755.60	-0.49
CNX IT	4011.85	4009.25	4054.70	3964.05	4023.80	0.30
CNX 100	4271.20	4242.60	4281.00	4211.55	4251.50	-0.46
BANK NIFTY	6538.85	6469.95	6506.35	6400.15	6443.05	-1.47

Nifty Spot Index Info

52 Week High	6357.10
52 Week Low	3554.50
All-time High	6357.10
All-time Low	775.43

Daily Trends in FII Derivative Trades –Sep 09, 2008

	BUY		SELL		OPEN INTEREST AT THE END OF THE DAY
	No. of contracts	Amt in Crores	No. of contracts	Amt in Crores	No. of contracts	Amt in Crores
INDEX FUTURES	106764	2388.58	63376	1434.45	585609	13159.61
INDEX OPTIONS	35672	792.52	13371	286.72	1040602	23275.52

Source NSE

Sincere Advice to Our Respected Readers & Traders

1. Please do not Over Trade

2. Hedge Your Positions in a volatile market

3. Follow strict Stop loss & Trade with Proper Guidance

4. Please do not hesitate to book loss Because There Is always a tomorrow and there is always another trade

5. Secure your Capital, the Yield will always be there

6.Most of the money lost in the stock Markets is due to greed And the fear of taking loss

Disclaimer : The recommendations made in this News Letter do not constitute an offer to sell or a solicitation to buy any of the Trading mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information is obtained from sources deemed to be reliable but is not guaranteed as to accracy and completeness.