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Subscription Details
Daily 1-2 calls on Nifty/Shares Future/options
Monthly accuracy 80-85%
Monthly Return average 300-500% of monthly Subscription charges
Monthly subscription charges Rs. 2500/- only
Market Outlook 03.02.12
Market closed positive for the 3rd day of trading. As we said in our last news letter (2.2.12) the Supreme Court verdict on 2G case down the market in the intra day trade. But Capital Goods, Tech, Private Banks, Metal sector stocks and Bharti Airtel led the recoevery and helped to close in green. Sensex closed in 17431.85 (+131.27) and Nifty were at 5269.90 (+34.25).Market may be corrected about 200 to 300 points in a couple of Weeks.
US & European markets were closed in green. Asian Markets opened mixed today.
Nifty watch for 02.02.12
Nifty may open gap up or flat today. Nifty may be volatile for the day.
Above 5272.50 Nifty may try to hit 5296.75/5310 today. If Nifty closes above 5300 it may try to hit 5325 and 5340 in coming days
Below 5230 Nifty may go down up to 5205/5184/5163/5140/5120/5103
Any close below 5000 may lead a correction which may go down up to 4775
Nifty Trading Tip
(for clients only)
Investment Tip
1. Infy Buy at CMP (2600) TGT 2810 (1-3 months)- call made on 13.1.12
2. Buy ITC at 200-202.50 TGT 206.50/212/215 SL 188.50 (1-2 weeks) - Call made on 9.1.12 - 1st TGT achieved on 16.1.12, hold for other TGTs
Past Performance
Day's (02.02.12) Performance
1. Buy Axis Bank 1100 CE @ 30-33 TGT 39- holding (given to clients only)
2. Buy ICICI Bank 920 CE @ 30.50 TGT 37 - holding (given to clients only)
Day's (01.02.12) Performance
1. Buy Axis Bank 1060 CE @ 30-33 TGT 43/47/55- recommeded on 31.1.12 - Booked all profit on 1.2.12 - Profit of Rs. 6250/-