Market Outlook 09.03.12

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Market Outlook 09.03.12
Market closed flat after a volatile session of trade on Wednesday. Sensex closed at 17145.52 (-27.77), Nifty at 5220.45 (-1.95) and Nifty future at 5259 (+8.60). BSE Small Cap index was down 0.6% and CNX Midcap Index up 0.03% on Wednesday.


US and European markets were closed in green. Most of the Asian markets opened in green and trading firm today

Nifty watch for 09.03.12

Nifty may open flat today and may trade positive for the day.

Above 5274 Nifty may try to hit 5299/5312/5327 today.

Below 5225 Nifty may go down up to 5203/5185/5150 today and ........5050 in coming days

Nifty Trading Tip

(Clients only)

Investment Tip

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Past Performance

Day's (07.3.12) Performance

1. Nifty Fut advised to Buy at 5221 : Booked profit at 5261 - Profit of Rs. 2000/-

2. Axis bank Fut advised to Buy at 1157 : Booked profit at 1169 - Profit of Rs. 3000/-

Total Profit for the Day: 5000/-


Day's (06.3.12) Performance

1. Nifty Fut advised to Buy at 5313 on 05.3.12: Booked profit at 5417 on 06.3.12- Profit of Rs. 5200/-

2. Axis bank Fut advised to Buy at 1157 on 05.3.12: Booked profit at 1183 - Profit of Rs. 6500/-

Total Profit for the Day: 11700/-


Day's (29.2.12) Performance

1. LT Fut advised to Buy at 1369 on 28.2.12: Booked profit at 1392 on 29.2.12- Profit of Rs. 5750/-

2. SBIN Fut advised to Sell at 2256 on 28.2.12: 1st target achieved and made a low of 2238 on 29.2.12 - Profit of Rs. 2238/-

Total Profit for the Day: 7988/-