Monday, April 23, 2012

Nifty outlook 23 April 12


almost flat opening is expected with extremely volatile session ahead ..
reliance is debt free but posted negative result..so initially it may drag market towards 5250...
do u want to know more on RIL result ???
TCS and ultratech cem are declaring their result today ..may  be gud for bulls..
Nifty spot may trade in the range of 5300  +/- 40 today ..
trade nifty futures according to these levels
Buy at / above: 5315  Targets: 5329 - 5348 - 5365 - 5398
Stoploss : 5298
Sell at / below: 5298  Targets: 5271 - 5253 - 5230- 5212
Stoploss : 5315 



SEBI  , NSE , BSE are busy in finding reasons of flash crashes ...

The frequent flash crashes — sharp falls in stocks or indices within minutes — have the Securities and Exchange Board of India (Sebi) worried. The board has decided to initiate an investigation into these incidents.
On Friday, the CNX Nifty fell nearly seven per cent within seconds — from 5,300 to 5,000 — causing panic amid traders and institutional players, as stop losses were triggered. The National Stock Exchange (NSE) has begun a preliminary inquiry, which will be followed by a Sebi probe, according to senior officials with the market regulator.


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