HOLD NIFTY 5400 CALL

HOLD NIFTY 5400 CALL. CMP 68   HOLD IT FOR GIVEN TARGETS OF 74 AND 80 - RAJAN IYER

BUY NIFTY 5400 CALL AT CMP 62

BUY NIFTY 5400 CALL AT CMP 62  TARGET 74/80; SL 53 ( MILD RECOVERY UPTO 5460 POSSIBLE )RAJAN IYER

Markets trading in tight range

markets trading in very narrow range 5410-5430; even pivotals are not moving much; L&T numbers, Inflation awaited - Rajan Iyer

NIFTY FUTURES TRADING LEVELS FOR 19TH MAY 2011

BUY ABOVE  5445  FOR TARGETS OF  5470/5490/5505 STOP LOSS 5420
SELL BELOW 5400 FOR TARGETS OF  5375/5355/5320 STOP LOSS  5425

RAJAN IYER

Good Morning - Outlook for 19.05.2011

Good morning friends.  With positive global cues, we expect our markets to open  in green;  a mild recovery  upto 5460/5475 is possible.  Stay on the long side.  Trading levels  and trading calls follow

 - Rajan Iyer