Thursday, March 24, 2011

OCCASIONALLY IT HAPPENS; WE GIVE EXIT CALL AFTER LONG WAIT AND THE INDEX MOVES IN THE ORIGINAL CALL DIRECTION - RAJAN IYER

NF 5527 - EXIT SHORTS

NIFTY FUT CMP 5527;  EXIT  SHORTS IN NF AS THE TREND IS NOT CLEAR. FRESH CALL WILL FOLLOW - RAJAN IYER

SHORT NIFTY AT CMP 5525

SHORT NIFTY FUT AT CMP 5425 - SL  5540  TARGETS LATER - RAJAN IYER

Good Morning - Outlook for 24.03.2011

Yesterday markets risen with low volumes.  Today Nifty Futures  can trade in the range of 5460 - 5560;
Bullish above 5520  for targets of 5540/5558;
Bearish below 5480 for targets of  5450/5430;
Rajan Iyer