Nifty Futures 10AM Call
10AM: Nifty Futures opened today at 5279 against its previous close of 5273, and is currently trading at 5278. It has so far recorded a HIGH of 5296 & a LOW of 5273. Asian cues are mixed, US futures are in slight red, and European markets may open in green today. The trading range for NF today is likely to be 5270-5320.
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Intraday Trade Recommended
10.10AM: BUY nifty at 5275NF for a target of 5310. SL 5269NF.
10.35AM: SL hit at 5269. Sorry!
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Stock Futures Trade Recommended
10.20AM: BUY Colgate futures at 679. Positional Trade. Target 720.
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Short Term Stock Trade
10.25AM: BUY Gitanjali Gems at 118. Target 140.
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TRADING RANGE REVISED
11.50AM: Nifty futures has so far traded with a negative bias, with a HIGH of 5296 & a LOW of 5245. It is currently trading at 5255. The trading range for NF is now REVISED to 5210-5300.
Suggested Trade Now: SELL nifty if you see it at 5270, with SL at 5297 for a target of 5220.
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Amrutanjan Rocks!!!
11.55AM: Amrutanjan, recommended & bought in my Multibagger Portfolio on 23.10.09 at 450, has achieved its first target of 1000 today. Hold it for a revised targets of 2000/3000/5000.
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Multibagger Portfolio
12.05PM: Those who have missed the bus for Amrutanjan, may grab EVEREADY now at 60.
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Today's SMS Call
12.34PM: SELL nifty now at 5277. Target 5230/5220. SL 5297.
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Nifty Update
2.00PM: NF now at 5270. Expecting a last hour SELL OFF due to profit booking for income tax purpose by investors, and due to NAV considerations by Funds. NF low of 5220 is still possible.
3.05PM: NF now at 5250. Nifty will see now the expected last hour SELL OFF.
3.26PM: Booked out of nifty sms trade at 5265. Gain 12 points.
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Market Close Report
3.30PM: Nifty Futures closed the day at 5263, down 10 points, after touching a low of 5245 & a high of 5296.
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