NIFTY STOCKS CALLS AT YOUR RISK DISCLAIMER

Derivative Strategy for August 1, 2012
Scrip	CMP	Recommendation	Target	Stop Loss
NIFTY	5,241	SELL	5,170	5,275
DRREDDY	1,627	SELL	1,610	1,635
BHARTIARTL	301	SELL	295	305
DLF	207	BUY	215	203
CIPLA	340	BUY	350	335

Comments

NIFTY TREND TECHNICAL ANALYSIS

Indian indices closed higher at 5282.5, up by 66.85 points or 1.28%. Today's gains were largely in reaction to the better than expected payrolls data in the US, appreciation in rupee against dollar after Finance Minister said that the government would unveil policies to attract investments in mu-tual funds. Nifty has finally witnessed sharp upside breakout from the strong primary resistance of around 5,250 and closed above that level. Nifty opened today with gap up of around 40 points and continued its northward journey throughout the session and tested its next resistance of 5,300, as we emphasized earlier that above 5,250 market can test 5,300. Nifty has formed a Bull candle with no lower shadow that indicate buying support at lower levels, and at the same time market also create upper shadow suggest that traders cautiously booking profit near immediate resistance level of 5,300. The index also made a new higher top higher bottom formation which reflects positive bias, and a...

Best Trading Software India

FEATURES OF THE BEST TRADING SOFTWARE The software with added features and many more attractive tools will be introduced soon. The much awaited and soon to be introduced the best trading software has a number of added features and tools which edges it out of its peers. It has been designed in such a way that a person with little knowledge about the stock market can easily read and understand the live buy and sell signal of nifty future after adequately analyzing nifty chart live . Apart from the conventional features it does excels in terms of chart customization. This software provides liberty to its subscribers to alter the appearance including color, width, grid color, background color, grid styles, vertical axes, font styles and curser style. In addition, one can change the visual order of indicators, session breaks, empty periods and many more. Charts can be created based on constant volume bars, constant range bars, seconds, tick bars, volume ...

Search This Blog