Tuesday, December 2, 2008

Nifty Trading Levels 02 December

NSEFUTURES

DAILY NEWS LETTER

DATED : 02 Dec 2008

E Mail , nsefutures@yahoo.com

Mobile No. : 971 787 7338

Nifty Major support 2579

Nifty Major Resistance 2776

TREND DECIDER 2736

NIFTY FUTURE DECEMBER ANALYSIS.

WATCH THE FOLLOWING LEVELS -2610,2751,2911,3122,3332,3594

As Nifty trades and closes above one level, buy and stop loss will be below that level and vice-versa.

Nifty future for the week 01-05 DEC . Trades Above 2725 Buy sl 2630 TGT 2930,3067. Trades below 2630 Sell stop loss 2715- target 2400

Nifty future for day trading: Sell Below 2730 SL 2755 TGT 2623,2554

* If target achieved in morning please don’t buy in return journey.

* Please enter only at specified price otherwise avoid trading.

WEEKLY STOCK PICKS.

BUY PATNI ABOVE 135 SL 128, BUY UNION BANK ABOVE 143 SL 139, BUY ANDHRABANK ABOVE 52 SL 50, BUY MTNL ABOVE 73 SL 72

DISCLAIMER : Stock trading involves high risk and one can lose Substantial amount of money.The recommendations made herein Do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will Not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on technical analysis only. NOTE WE HAVE NO HOLDINGS IN ANY OF STOCKS RECOMMENDED ABOVE.

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