Friday, July 31, 2009

Market Outlook & Trading Calls

Nifty might range between 4500 and 4600 levels. As the US Markets and Asian Markets had a rally, Indian Markets might follow the suite.

Trading Calls for 31st Aug 2009 are as below

Scrip

Sup1

Sup2

Sup3

Pivot

Res1

Res2

Res3

Volatility %

William's %R

Rel. Strength

IFCI

49.82

48.83

48.17

50.48

51.47

52.13

53.12

102.65%

-16.46

1.69

ISPATIND

21.70

21.05

20.65

22.10

22.75

23.15

23.80

91.97%

-15.38

2.31

RNRL

84.03

83.02

82.03

85.02

86.03

87.02

88.03

89.20%

-8.84

1.50

SUZLON

97.67

96.08

94.17

99.58

101.17

103.08

104.67

106.28%

-30.95

1.75

UNITECH

89.27

86.68

84.32

91.63

94.22

96.58

99.17

105.32%

-17.47

2.86


 

William's % R: 0 to -20 is overbought levels & -80 to -100 is oversold Levels

Always Trade in the Market's Direction and follow Strict Stop los levels.

Thank you for joining us in this Analysis

Happy Trading!
Day Trading Analyst

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