02 August 2012

Aug 2nd Nifty Future


Aug 2nd nifty future advice :
                          5239 & 5268 are trend deciding  if trades above 5268 then targets are 5292-5310
below 5240 targets looking at  5212 & 5192   .

                        At 5244-5246 why dnt we go short with a Stop of 10points ? for 5208-5218 & 5192 as target .5229 is small hurdle point to be watched . so we will book 25% at this point.

                      if close is below 5212  then 5186 will soon hit tommorow morning  and next target would be 5167.
As per charts after 10.15am only  new low is possible .

Quotes : Profits should move slow and study , being greedy in market will wipe your complete capital.
Exit call for shorts @5238 given just tea coffee profit today ----:-)
again sell around 5255-5257 Stop 5266
                                                                                                               Posted 12.46pm


CMP @ 5242 high untill now is 5248 no more shorting in market wait and watch our second round sell cancelled today volumes are low.
                            

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