Thursday, February 12, 2009

12.02.2009 nifty future calls

NIFTY FUTURE 12.02.2009

NIFTY SELL BELOW 2897 and near by 2910
SL 2932
TAR 2870....... NEARLY HIT OUR TARGET....

NIFTY FUTURE BUY NEAR BY 2875, SL 2848
TAR 2910....EXIT CALL GIVEN THE LEVEL OF 2894...
12-02-2009
GOOD MORNING
AT the point Market looks ready for consolidation in next week..
NiftyPrv Close 2925.70
Pivot Point 2913.60
Supports 2890>2854>2830
Resistance 2950>2974>3010
Nifty may try to open Flat to red 1%
Volatility Index (VIX) on last closing day = 46.65 (+5.30%)
TRADERS AND INTRADAY - after 30 mins of timepass market
will take a positive breath for 1 hour only, range bound market with negetive bias.
INVESTOR COMMUNITY - Wait and watch.