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NIFTYPAISA

Nifty hanging in balance: Domestic positive vs Global pressure

8/2/2010

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08 FEB 2010 (FROM THE ANALYST)

Nifty continues to crack under pressure from GLobal markets, though internally we keep hearing good Quarter results and positive domestic economy.

Nifty still hangs in balance with negative BIAS.

ENJOY WITH US & with NIFTY >> We will soon start Free Equity suggestions (Intraday), only for disciplined traders... watch out !!!

FREE NIFTY POSITIONAL CALLS:
02 FEB: Short Nifty @ 4890 (SL 4960) for 4750 - 4700
03 FEB: Covered @ 4880 (10 POints)
03 FEB: Buy Nifty 4880 (SL 4830) for 5030 - 5130
04 FEB: Covered @ 4870 on TSL (-10 POints).
04 FEB: Open: Sell Nifty 4880 (SL 4900) for 4750 - 4700
05 FEB: Booked @ 4700 = 180 Points
GAIN:180 Points this week with 3 entries.

FREE DAILY PREMARKET LEVELS:
The week gave an opportunity to gain about 325 this week from the suggested premarket strategies & MAGIC LEVELS. See below for the day-wise details below.
As written earlier too, you might expect to get 75% opprotunites to be used & another 75% of them to be closed successfully. So, 75% of 325 = 244 & 75% of 244 = 180 - 190 Points.
Thats about 180 Points in a week  - FREE with even average strategic trading!!!!

Lets enjoy Nifty'ing !!!!
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