Monday, November 21, 2011

Nifty was trading in short range channels and traders were searching for buying opportunities

Nifty was trading in short range channels and traders were searching for buying opportunities but post  1.20 pm basket selling started

At this juncture traders and analysts were seeing and searching buying opportunities as nifty was trading at uper short range channel...and so many went long here and result 60 point fall
received this msg
XXXX   XXXX (11/21/2011 9:46:30 AM): buy nifty fut around 4855-60 trg 4885 - 4910 - 4950 st 4825
12:03 PM - Weakness has increased in the market at this hour and the benchmark indices are now trading with substantial losses. Sensex is at 16152, down 219 points from its previous close, and Nifty is at 4841, down 64 points. CNX Midcap index is down 1% and BSE Smallcap index is down 0.6%. The market breadth is negative with advances at 432 against declines of 829 on the NSE.   »  Send to friends
12:21 PM - Nifty F&O Call: Buy with a 1-2 day target of 4920 and stop loss of 4820, says Hitesh Sheth of Prabhudas Lilladher on CNBC Awaaz.   »  Send to friends
12:15 PM - Nifty F&O Call: Buy at 4840 with a 2-3 day target of 4920 and stop loss of 4800, says Hemen Kapadia, technical analyst, on CNBC Awaaz.   »  Send to friends
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