Nifty outlook for 20 July 12

Flat to positive opening is expected with 5250 as a strong level for bulls and bears ...bulls tried to lift markets and bears were busy in dragging it but finally bulls were able to keep it up by 26 points yesterday ...

Important  results today ..

 RIL, Cromton Greav, Asian Paints, Indiabull finance, Ultratech Cenment ....

Nifty is making inverted head and shoulder pattern on hourly chart so possibility nifty is heading towards 5350 once this pattern is confirmed.

trade in Nifty as per these future levels 

Buy at / above: 5257   Targets: 5276 - 5296 - 5308 - 5326 >>>
Stoploss : 5238
Sell at / below: 5238   Targets: 5224 - 5205 - 5186 - 5166>>
Stoploss : 5257

FIIs were accumulating yesterday too...

http://www.dhanvarsha.in/2012/07/fiis-were-net-buyers-on-19-july-12.html

-Varun 

Trade according to trend ...avoid trading in range bound markets 

Infy blasted up by 3 % advised to buy at 2180 ....

kailash123p@yahoo.co.in (7/18/2012 9:38:01 AM): accumulate infy trading at 2182 

http://www.dhanvarsha.in/2012/07/buy-infy-at-and-above-2170.html

Dhanvarsha ....

kailash123p@yahoo.co.in (7/19/2012 3:30:20 PM): mkt closed... update ur trdaes losses n gains please.

vikas jain (7/19/2012 3:33:35 PM): gain 8500 in infosys 7500 in maruti total realised gain 16000

kailash123p@yahoo.co.in (7/19/2012 3:35:20 PM): gr8 jain saheb..congrats