Trading levels for 26/4/2010

Nifty fut 26/4 (cmp 5305) Trend is UP from 5265 on 22/4.

Sup 5284-5264,Res 5326-5346

Trend will be DOWN if Closes BELOW 5284.

Trading Levels for 23/4/2010

Nifty fut 23/4 (cmp 5265.40) Trend is UP from 5265 on 22/4

Sup 5240-5214,Res 5291-5317

Trend will be DOWN if Closes BELOW 5240.

Nifty fut 22/4 (cmp 5245.15) Trend is DOWN from 5300 on 15/4.

Sup 5226-5203,Res 5265

Trend will be UP if Closes ABOVE 5265. 

BUY Reliance (cmp 1063 ) PUTS TARGETING 990-average in rally if any .- STOP 1114 -1121 in cash basis

Trading levels for 21/4/2010

Nifty fut 21/4 (cmp 5226.65) Trend is DOWN from 5300 on 15/4.

Sup 5193,Res 5260

Trend will be UP if Closes ABOVE 5260.

RELIANCE (cmp 1057) Base Level 1060 cash ,BUY PUTS TARGETING 1020-990 Stop 1069

short Nifty (cmp 5226) with stop 5251

Trail your Nifty(cmp 5245)  stop to 5229 from 5203 for tgt 5290

If taken Long in Nifty Yesterday Keep, Trail stop to the cost 5203 Possible tgts 5245-5269

-Below 5160 Buy PUTS with stop 5203 for TARGET 5000

-markets awaiting for Intrest rate hike

Nifty fut 20/4 (cmp 5207.40) Trend is DOWN from 5300 on 15/4.

Sup 5173,Res 5242

Trend will be UP if Closes ABOVE 5242. 

Buy Nifty (cmp 5203) with stop 5159 for tgt 5310-5388.