Nifty Banknifty Intraday Postional Call.

On 24th june Nifty opened gap up above our target which was the breakout level for the day.
For Monday the entry levels are way below. Wait and watch is the best route to take.

Nifty Banknifty Intraday Postional Call.

Nifty Future Update 5

Nifty Future Update 2:00 PM
Daily levels is a short below 5517
Hourly charts is showing a little bullishness above 5506. On hourly for weakenss needs to trade below 5482

Nifty Future Upate 4

Nifty futre Update 1:00 PM

Short below 5516 stop loss 5520

Nifty Future Update 3

Nifty Future Update 12:00 PM
Continue to hold shorts below 5488 for this hour.
Buy Nifty only above 5508

Nifty Future Update 2

Nifty Future Update 11:00 AM
Continue to hold short below 5496 for this hour.
Buy Nifty only above 5521

Nifty Update 1

Update at 10:00 AM

Continue to hold short postion below 5507 for this hour.
Only above 5530 buy Nifty future.

Nifty Future Weekly Outlook 06 June to 10 June 2011

This week trading below 5512 will first take Nifty to 5408 where it should find support.
Closing below 5408 this week will make it weaker to see new lows.
Reistance for Nifty this week is at 5563. Any closure above this will resume the uptrend.

Stock Futures Trading Levels 06 June 2011

IFCI- Sell below 48.05 stop and reverse at 48.60.
Closing below 47.35 hold shorts postional.

TATAMOTORS- Sell Below 1054 stop and reverse 1066

SBIN- Sell below 2329 stop and reverse 2345
Closing below 2292 hold shorts postional.

ABGSHIP- Sell below 379 stop and reverse at 386
Closing below 374 hold shorts postional.

Nifty Futures Trading Levels for 06 June 2011

Sell Below 5560.50 stop and reverse at 5588
Closing below 5516 hold shorts postional.