Friday, July 19, 2013

Nifty Outlook / futures levels for 19 July 13

 Moody’s Investor Services has said in its outlook  that the rupee’s depreciation will heighten inflationary and fiscal pressures, factors that constrain India’s sovereign rating. But it said the depreciation will not materially increase the country’s debt repayment burden as foreign currency denominated debt is about 6% of total government debt ..

Fryday …..Profit Booking  day …Be cautious … sell on rise  book gains later …

Flat opening is expected with extremely volatile session ahead expected nifty intraday range between 5980 -6060 …trade according to trend ..

Nifty futures  outlook and  levels

Buy at / above: 6084   Targets: 6100 – 6120 – 6139 – 6159
Stoploss : 6064
Sell at / below: 6064   Targets: 6048 – 6028 – 6009.25 – 5989
Stoploss : 6084

sbi intra traded and bang on target   call was

18 Jul 13, 10:56 AM

Admin: BUY sbin at 1795 1800 sl 1784 tgt 1812 1828

shared at chatroom


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Nifty Outlook / futures levels for 19 July 13


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