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Daily 1-2 calls on Nifty/Shares Future/options
Monthly accuracy 80-85%
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Market Outlook 29.02.12
Market lost its early gains to end flat on yesterday after the data of slow economic growth of December quarter to ist weakest annual pace in almost last 3years. Sensex closed at 17752.68.57 (+21.56), Nifty at 5385.20 (+9.70) and Nifty future at 5435 (-6.50).Market may take a pasue for a couple of days, as this correction is invitable for the health of the market.
US and European markets were closed down. Asian markets opened positive and trading firm except Hang seng today
Nifty watch for 29.02.12
Nifty may open flat or down today and may be volatile for the day. Strong support for Nifty is 5345-5320 levels.
Above 5455 Nifty may try to hit 5472/5591/5510 today in coming days.
Below 5420 Nifty may go down up to5405/5387/5370/5350 today
Nifty Trading Tip
(Clients only)
Investment Tip
(Clients only)
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/-