Last friday was the bad day for the Stock market but very good day for commodity market.Crude made a Guinnes record of a single day gain of $10.75.If crude moves up like this our stock market may see further fall.
The biggest question in front of traders is, where we are and what is the next destination.Weather we are going to take a U-Turn from January lows or August lows.Friday US markets are beaten up and today Asian markets are also trading in red, So we may have a gap down opening and from there ???????.
Todays best stratergy - Keep away of market, Sit in cash and enjoy.
Nifty Future :
Resistance : 1636 / 4746
Support : 4550 / 4525 / 4508 / 4476 / 4420
Monday, June 9, 2008
# NIFTY FUTURE for 09/6/2008
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Dear Visitors, This blog is really nice and informative. We are pleased to know this blog is really helping people. Its our pleasure to post informative content on this useful blog created by webmaster. Currently something is cooking in the Indian stock market, We know it but unfortunately we cant disclose the reason so openly. We strongly suggest everyone not to take any long position at these levels. We will see Pullback in the market very soon but that will be a fake one so don’t consider pullback as opportunity to go Long in market( Delivery based). As after that initial pullback we can see fall once again. As mentioned cant disclose it still giving minor hint see call and put section and think why you are not able to access few options and check December part and think who are the people behind it?? We suggest wait for falls to take delivery till then prefer only intraday else you will find yourself out of BSE and NSE one fine day. For any query feel free to contact us. Regards SHARETIPSINFO TEAM +91- 9891655316 +91- 9899056796 +91 - 9891890425
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