Wednesday, May 9, 2012

Nifty outlook 09 May 12

Yesterday we were searching for sell advise in Nifty at 12- 12.30  PM ...but bulls were every where and bears were busy in planning...

12:24 PM - Nifty F&O Call: Buy with a two-day target of 5160 (spot level) and stop loss of 5060 (spot level), says Parsh Zaveri of Zaveri Investment on CNBC Awaaz.   »  Send to friends
12:20 PM - Nifty F&O Call: Buy with a 2-3 day target of 5200 (spot level) and stop loss of 5050 (spot level), says Hitesh Sheth of Prabhudas Lilladher on CNBC Awaaz.   »  Send to friends
12:17 PM - Nifty F&O Call: Buy at 5080 with a 2-3 day target of 5200 (spot level) and stop loss of 5050 (spot level), says Hemen Kapadia, technical analyst, on CNBC Awaaz.   »  Send to friends
12:14 PM - Nifty F&O Call: Buy with a 1-2 day target of 5135 (spot level) and stop loss of 5070 (spot level), says Nirav Vakaria of Globe Capital on CNBC Awaaz   »  Send to friends
12:09 PM - Nifty F&O Call: Buy above 5130 with 3-4 day targets of 5250-5260 (spot level) and stop loss of 5060 (spot level), says Shardul Kulkarni of Angel Broking on CNBC Awaaz.   »  Send to friends
so each individual trader  was buying at market rate and placing stop loss orders .  when every one placed selling stop loss orders  ranging 5050  5065  range , in that case it was  quite easy way to send market below 5k. market sent below 5065 by big players  and rest was done by stop loss orders and lastly by  panic  players bought back their stuff at around 5k level they sold at 5070  60 ..
flat to slightly negative opening is expected ...200 DMA is far from here...possibility of range trade with positive bias...5000 will try to keep nifty above it ...
Trade in Nifty futures according to these levels ..
Buy at / above: 5005   Targets: 5020 - 5038- 5056 - 5074-5110>
Stoploss : 4987
Sell at / below: 4987  Targets: 4972 - 4955 - 4937 - 4919>>>
Stoploss : 5005.5
SGX Nifty is trading below 5k with 719 lots traded since morning .
results today 
Company
ABB
Acrow India
Arvind
BB REALTY
Betala Global
Century Ply-$
CHL
Cogent Vent
Disa India
Ecoboard Inds
Emmessar Bio
Company
Euro Asia Exports
Expo Gas
FIEM Inds
Gammon Infra
Gati
Gayatri Sugars
Geodesic
GVK Power
IMC Finance
India Gelatine-$
Indu Nissan Oxo
Company
IRB Infra
Jubilant Inds
Ludlow Jute
Mangalore Chem
Modi Rubber
Moving Picture
Network18 Media
Nicco Parks-$
NIIT
Nilachal Refractories
Nile
Company
Parth Aluminium
PNB
Rajkamal Syn
Ranbaxy Lab
Ravalgaon Sugar
Sanghi Inds
Shirpur Gold
SHREEYASH
Sonal Adhsv
Suraj Diamond
Swagruha Infra
Company
Triveni Engr
TV18 Broadcast
UMESL
Unimode Over
Union Bank
United Brew Hldg
Uttam Galva
Vardhman Tex
Williamson Magor
Zuari Inds
Zydus Wellness-$

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