Thursday, February 3, 2011

AGAIN SHORT NIFTY FUTURES NOW

AGAIN SHORT NIFTY FUT AT CMP 5536 SL  5549  TAREGT  5519/5505 - RAJAN IYER

STOP LOSS HIT IN OUR SHORT CALL

STOP LOSS HIT IN OUR NIFTY FUT SHORT CALL - RAJAN IYER

SHORT SELL NIFTY FUT AT 5519

SELL NIFTY FUT  AT CMP 5519; SL 5537  TARGETS: 5489/5465 - RAJAN IYER

NIFTY FUT WEAK BELOW 5505

BELOW 5505, NIFTY FUT TO BLEED;  BE READY TO JOIN THE JOY RIDE DOWN - RAJAN IYER

Food inflation at 17.05% YoY on Jan 22: Govt


India's food inflation accelerated for the second straight week on rising prices of onions and petrol, putting pressure on headline inflation and reinforcing expectations of more monetary action this year to tame inflationary expectations.
Food inflation accelerated to its higest level since December 25 on high prices of onions and petrol in the week. Onion and petrol prices were up more than 6.5% and 4.5% on the week.

This will have negative impact on markets in the short term.  

Rajan Iyer

BOOK PROFITS IN NIFTY FUT SHORTS

BOOK PROFITS IN  SHORT POSTIION IN NIFTY FUT; CMP 5516; SHORT CALL GIVEN AT 5534 FOR A TARGET OF 5509 - RAJAN IYER

NIFTY FUT CMP 5514

TRIAL YOUR SHORT POSITIONS IN NIFTY FUT.  CALL GIVEN AT  5534; CMP  5514 - RAJAN IYER

RISKY CALL - SELL NIFTY FUT

SHORT NIFTY FUT AT CMP 5534  SL 5549   TARGET  5509/5489 - RAJAN IYER

BOOK PROFITS IN NIFTY SHORTS

NF CMP 5505; BOOK PARTIAL PROFITS AND TRIAL REST POSITION - RAJAN IYER -

NIFTY CRACKING CMP 5510

NIFTY CRACKING; TRIAL YOUR SHORT POSITIONS. CMP 5510; SHORT CALL GIVEN AT 527 - RAJAN IYER

SHORT NIFTY FUT @ 5527

SHORT NIFTY @ 5527  SL 5545  TARGET  5490 - RAJAN IYER

NIFTY FUT 5494 NOW BOOK FULL PROFITS

NIFTY FUT 5494;  BOTH TARGETS OF OUR NIFTY FUT LONG CALL ACHIEVED;  BOOK FULL PROFITS; LONG  CALL GIVEN AT 5440 - RAJAN IYER

RISKY CALL - BUY NIFTY FUTURES

RISKY CALL: BUY NIFTY FUT AT 5440  SL 5422  TGT  5458/5480 - RAJAN IYER

MARKET OUTLOOK FOR 03.02.2011

GLOBAL CUES NOT ENCOURAGING.  DOMESTICALLY, POLITICAL UNCERTAINITY  GAINING CURRENCY WITH THE ARREST OF  FORMER TELECOM MINISTER RAJA.  OUR MARKETS TO WITNESS  EXTENDED SESSION OF  HIGH VOLATILITY.  TRADE WITH  THE TREND AND KEEP STRICT STOP LOSS.
DOW + 1.81; FTSE + 42.25; CAC  - 6.09; DAX  -0.60;  
NIKKEI  - 24.58;  HANGSENG: UNCHANGED
SGX NIFTY: FLAT AT 5433.50 ( + 1.50 )
NF BULLISH > 5465  TARGETS  5490/5545
NF BEARISH < 5430  TARGETS  5410/5380
FOLLOW OUR TRADING CALLS AND  TRADE SAFELY  AND EARN SURE PROFITS.

RAJAN IYER