NIFTY IN AN NARROW, LACKLUSTRE TRADING BAND..............
NIFTY Futures Opened the day @ 4903 almost flat near yesterdays close. The whole of todays session was spent in a narrow range of only 42 points. The intraday high was @ 4915, and the low was made at 4973 on very thin Volumes.Nifty Futures closed the day at 4885.
Today, was a very thinly traded session with a small range. The activity has once again shifted to Individual stocks. Now, Nifty has to move above the 4925 - 4950 zone to attract fresh , New Buying. On the down side the support for Nifty stands at 4850 mark. Below this will open room for more downside towards 4720 mark.
Our View on Nifty Futures is Bullish. Only a close below 4820 mark will end the short term Up move and take Nifty futures all the way down towards 4720 zone.On the Upside, if 4950 is taken out, we could very quickly race above 5000 mark towards 5050 zone.
OUR TRADING SYSTEM IS A SOURCE OF SECOND INCOME FOR MOST OF OUR CLIENTS.
EXAMPLE.....
INDEX : NIFTY FUTURES
QTY : 100 SHARES
MARGIN : INR 70000/-
RETURNS : INR 20000/- AVG/MNTH
For a Reliable, Trustworthy ,Transparent and Accurate Trading Systems,visit www.aaksharstock.com and Register for a Free Trial.
We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 25 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Thursday, February 18, 2010
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