Monday, March 21, 2011

NO TRADING CALLS GIVEN TODAY

BECAUSE OF  EXTREME VOLATILE NATURE OF MARKETS NO TRADING CALLS WERE GIVEN TODAY - RAJAN IYER

MARKET OUTLOOK FOR 21.03.2011

NIFTY FUTURES COULD TEST  5360 AND 5340 LEVELS TODAY BEFORE RISING  TO 5445/5460 RANGE;  WARLIKE SITUATION IN LIBYA,  RISING CRUDE PRICES  AND A POSSIBLE  INTEREST RATE HIKE  COULD ACT AS DAMPNERS  ON ANY POSSIBLE RISE IN INDEX.  HIGH VOLATILE SESSION WITH NEGATIVE BIAS. -  STAY AWAY FROM TRADING - RAJAN IYER

MARKET OUTLOOK FOR 21.03.2011

NIFTY FUTURES COULD TEST  5360 AND 5340 LEVELS TODAY BEFORE RISING  TO 5445/5460 RANGE;  WARLIKE SITUATION IN LIBYA,  RISING CRUDE PRICES  AND A POSSIBLE  INTEREST RATE HIKE  COULD ACT AS DAMPNERS  ON ANY POSSIBLE RISE IN INDEX.  HIGH VOLATILE SESSION WITH NEGATIVE BIAS. -  STAY SWAY FROM TRADING - RAJAN IYER