Friday, July 6, 2012

Nifty outlook for 06 July 12

It is Friday ..

Flat to negative opening with mixed bias and extremely volatile session ahead .It  is Friday and in general profit booking  seen on weekends  in past... so be cautious .and trade according to trend .

Nifty closed above 5303 on  EOD - if stayed up then next tgt will be  5428
if comes down
then it may correct to  5250 5200 5150>>

Trade in Nifty futures as per these levels
Buy at / above: 5351   Targets: 5365 - 5382 - 5399 - 5421
Stoploss : 5323
Sell at / below: 5324   Targets: 5306 - 5284 - 5267 - 5244
Stoploss : 5352

Do not hesitate or wait to book profit it is yours  pocket it as soon as u can ... let it be a penny but exit at gain  will give u satisfaction of trade winner.

yesterday was not gud for us stoploss triggered ...on both nifty and PE calls 

Sachin (7/5/2012 6:39:02 PM): Good evening Sir.... (7/5/2012 6:40:03 PM): ge (7/5/2012 7:01:00 PM): r u fresh
Sachin (7/5/2012 7:01:26 PM): yes... after hitting sl closed... and just opened..

Ilyas (7/5/2012 10:41:48 PM): hello sirjii (7/5/2012 10:41:53 PM): hi 
Ilyas (7/5/2012 10:42:16 PM): vry bad day for us na sirjii
Ilyas (7/5/2012 10:42:23 PM): nt did anything (7/5/2012 10:42:36 PM): ya
Ilyas (7/5/2012 10:43:07 PM): hmmm... sirjii wats ur outlook for tomorrow (7/5/2012 10:44:28 PM): will chk and info in mrng
Ilyas (7/5/2012 10:44:46 PM): sure sirjii

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