Yesterdays FIIs buying of Rs 638 Cr turned July total to plus 73 Cr which was red till 11 th morning now it is green … http://www.moneycontrol.com/stocks/marketstats/fii_dii_activity/index.php
Nifty breached falling trend line and closed well above 50 dma so both will act as short term support …. major event will be infy result before market open …so be ready to watch hungama on street at 9 AM today .
W already reap fruits on infy 2650 call which moved for a 5k gains within 24 hrs ... Read more
Possible opening of nifty is depend on infy result if so- so result or positive result then market will open gap up but if result will be below market expectations then market may open flat to negative but banking sector will be ready to support market and nifty must hold 5910 in any condition …on favorable conditions sky is open to fly ..
Outlook for nifty futures will be as
Buy at / above: 5967 Targets: 5983 – 6003 – 6022 – 6042
Stoploss : 5948
Sell at / below: 5948 Targets: 5931 – 5912 – 5893 – 5874
Stoploss : 5967
Asian Stocks Extend U.S. Jump on Stimulus as Copper Gains
Dhanvarsha – Nifty Outlook / futures trading levels for 11 July 13