Live Market

Monday, May 31, 2010

Banknifty&Nifty Opening Tomorrow?

Today the nifty failed to move beyond 5100 range and during the closing it rose to the extend possible but couldn't achive it.The nifty is able to sustain above the 200DMA and 20SMA and we expect the market tomorrow opens in "GAP UP'.

All our clients are in positionally long in banknifty future.We expect the nifty will move above 5140 level will confirm the bullishness and banknifty will move upto 9380.00level.

We also need to consider the world cue's and its trend tonight for the above said opening tomorrow.

Regards,
Atmo

The Pleasant Trading


We had a pleasant trading today.
The Market today was quit easy to predict and nifty was the actual cause that helped us to have a better decision making in trading in Banknifty future.The Nifty 200 DMA was @5000 level and the low today was 5015 and rised up from there on.The market was in swing and we have used the maximum of this swing to buy and sell.The net profit we gained is 160+ points.All our Stop Loss was Not hit.we succeded in 5/5 trades.That made us to feel glad and share with our friends..