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Pre Market Alert on 08-03-10

 
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Author Pre Market Alert on 08-03-10
sraj
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White Belt


Joined: 11 Feb 2009
Posts: 274

Post: #1   PostPosted: Mon Mar 08, 2010 8:03 am    Post subject: Pre Market Alert on 08-03-10 Reply with quote

WORLD MARKET

World markets are in up mood, reflecting this our market may also move up if it breaks 5120, and 5055, 5035 may act as good support , below this level down fall may come easily and down side target may be around 4938 range, so trade care full

NIFTY SPOT

Today if nifty spot breaks 5119 then further up move may possible and 1st resistance may come around 5151 to 5160, and up side move may have some nervous due to some technical reasons,

Same as today if nifty spot breaches 5080 then further down fall may come towards 5066, 5035, and big down fall may come only if sustain below 5035 , technically if there is any chance for down fall then it might be strong

NIFTY SPOT TODAY LEVELS

Nifty Spot above 5108 Target 5118.6, 5153 to 5160, 5175, 5186, 5205, 5213, 5216

Nifty Spot below 5080 Target 5067 to 5066, 5056, 5035, 4985, 4938, 4961, 4848, 4825, 4795

SCRIPT TO WATCH

DLF


Buy above 319 Target 326 to 327.5, 334, 342, s/l 315

Sell if not breaks 326 to 327 Target 304, 298, 297, 290, 286, 275, s/l 328
after breaks 328 if it comes down below 326 again, you can sell same procedure (tr, s/l)

thanks
saravanabalaaji
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