Dear Viewers
Good Morning ......
Wish you happy trading today...... & Stop Gambling & Start investing in your trades....
Selling pressure to emerge in early trades. Weakness will continue the entire day. As told earlier Nifty & Nifty stock to move towards southward movement after F&O expiry. Reliance is only exception to this fall. Positional traders can build short position to gain profit. As expiry gone all fireworks of upside are gone now.
Profitable Trading is much easier after knowing future. Same time it becomes a nightmare to trade without knowing future. We sold nifty @ 5220 & covered it in intraday @ 5180. We maintain sell call in nifty between 5220-5240. We sold Tata Steel @ 620 & 623 levels & covered in intraday & 614 level. We maintain Sell call in Tata Steel between 620-623 & 627 levels, No harm taking profit whenever it is available.
DERIVATIVE CUES :-
Nifty (January) future premium has increased from 8.90 points to 13.95 points and Nifty future started the series with 2.24 Nifty crore shares in open interest. Total open interest in the market was Rs73,844 crore and Rs54,834 crore were reduced in open interest. Market wide rollover was 87.09% whereas rollover in Nifty future was 70%. GTL Infrastructure (97%), KS Oils (96%), India Cements (96%), Cairns India (95%) and BRFL (95%) witnessed good rollover in expiry. Bank of Baroda (61%), Bank Nifty (64%), SAIL (66%) and Canara Bank (67%) witnessed poor rollover in the next series.
Tata Steel ADVANCE SCIENTIFIC Chart 4'th Jan 2010 :-
(Forecasting to happen during Trading Hours)
If you requires this charts in advance send us your brief details like name, prof, trading nature, address, your cell no.@ vyasnarendra@in.com . You can send us your stock queries@ vyasnarendra@in.com .
We welcome your comment here.......
Bye.............
Stop Gambling & Start Investing…..
No comments:
Post a Comment