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Pre Market Alert on 11-01-10

 
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Author Pre Market Alert on 11-01-10
sraj
White Belt
White Belt


Joined: 11 Feb 2009
Posts: 274

Post: #1   PostPosted: Mon Jan 11, 2010 8:25 am    Post subject: Pre Market Alert on 11-01-10 Reply with quote

WORLD MARKET


As we saw before American Index Dow Jones if breaks 10620 then, it has chance to move up further 300 points, now the chance for the above is getting more strength, following this! Its future market also doing well (it should cross 10650 for further good move),

Based on this all Asian market and Singapore nifty are also in the path of up move, so it will reflect in our market too, according to this nifty may take resistance around 5295, above this, a perfect up move will comeā€¦

NIFTY SPOT

Today if nifty spot breaks 5250 then, it will try to move up, even though strength and bright full up move will come only above 5295, if so you can use it, same as if nifty spot breaches 5235 then further down fall may come,

Even though only below 5219! we can spell the word down fall up to 5175 to 5160, and the range of 5175 to 5160 may act as good support, below this point small correction may come up to 5040


NIFTY SPOT TODAY'S LEVELS


Nifty Spot above 5247 Target 5256 to 258, 5269.5, 5281 to 283, 5287, 5293, 5317, 5357, 5384, 5443

Nifty Spot below 5235 Target 5226, 5219, 5210, 5199, 5182, 5168 to 165, 5144, 5127, 5108, 5095, 5084, 5044


HOT SCRIPT TO WATCH

DLF


Buy around 385 to 395 Target 445 to 450 s/l 379 close positional call


Thank You
Mayashare



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