Friday, October 21, 2011

Dhanvarsha crucial Nifty Futures Levels and market prediction 21 Oct 11.


Nifty futures levels for 21 Oct 11

<4986><5036><5071><5104><5132><5156><5179>
   Flat to positive opening is expected with range bound trades and extremely volatile session...as it is Friday and rate hike by RBI is in air so traders will think to go long on financial,realty and auto stocks in a hurry .FIIs are in sell mode in equities as well as F&O segment and they sold for Rs 1600 Crs in stocks cash  and futures but bought options of Rs 3200 Cr plus ..but what they bought calls or puts...and it will decide the  expiry ...only 2 sessions are there for settlement of Oct contracts..so traders are busy in planning to cut or roll over of contracts.
possible Nifty range for today 5036><5156
Possible Nifty spot range for week ending 21 Oct 11 may be...
To check performance in real sense...shown on contract notes... visit  here 

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