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Pre Market Alert on 03-02-10

 
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Author Pre Market Alert on 03-02-10
sraj
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Joined: 11 Feb 2009
Posts: 274

Post: #1   PostPosted: Wed Feb 03, 2010 8:10 am    Post subject: Pre Market Alert on 03-02-10 Reply with quote

WORLD MARKET

American index closed with green, current future market in volatile mode , following this Asian market also doing with volatile, in this situation our market may also follow the world markets, due to this technically Nifty spot has buying support around 4827, 4816, 4788, same as resistance around 4893 and 4955

NIFTY SPOT

Today if nifty spot holds up the 4827 then further up move may possible up to 4893, and above this further up move may possible as per nifty today’s levels, same as if nifty spot slips 4827 then further down fall comes towards 4809, 4800, 4790 to 4788,

If these points get slips, then 4760 is the next support, same time 4816 and 4788 may give good buying support to nifty spot for further up move , today if you want good down fall, then nifty spot should breaches 4760, 4729 and 4700


NIFTY SPOT TODAY’S LEVELS

Nifty Spot if holds 4816 and 4788 then target 4893, 4949, 4955, 4992, 5010, 5051, 5069

Nifty Spot below 4827 Target 4809, 4800, 4790 to 4788, 4765, 4760, 4729, 4711 to 4700, 4668, 4560, 4531

SCRIPT TO WATCH

BPCL


Buy above 571 Target 591, 600, s/l 566

Sell below 566 Target 556, 551, 543, 520, s/l 571

(don't take this level in opening phase, use this levels after 5 min)

Thanks
sraj
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