Monday, October 8, 2007

TRADING STRATEGY :9th October'07

Note-More panic is not ruled out,Crucial support for short term is broken.But anytime buy from lower level is expected too.


Nifty Future Support & Resistances -09.10.2007
RES 1- 5215 RES 2- 5345 SUP 1 – 4990 SUP 2 -4895

Nifty Spot Weekly Support & Resistances
RES 1- 5300 RES 2- 54?? SUP 1 – 5035 SUP 2 -48??

Sensex Intraday Levels –09.10.2007
RES 1- 17875 RES 2- 18260 SUP 1 – 17210 SUP 2 -16935

Market View – 09.10.2007
Opening is flat,to down,buy only abv 5115 sl 5095 tgt 5185-5215.sustain below 5110,sell with SL 5128 tgt 5000-4990

Long term traders buy & hold this goldmine.
Mercatorline
INTRADAY CALL

INFOSYSTCH FUT +VE ABOVE -VE BELOW
CLOSE 1998 1990 1970