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Wednesday, January 5, 2011

NIFTY VIEW & MCX EVENING TREND

DEAR TRADER'S AS EXPECTED NIFTY FUTURE CRACKED TODAY & MADE A LOW 6086.90 AGAINST OUR GIVEN TARGET FOR TODAY 6122.55/6107.65..HOWEVER OUR POSITIONAL SELL CALL IS STILL ACTIVE..
               GOLD.995 & COPPER SELL CALL INITIATED YESTERDAY ALSO CRACKED & ACHIEVED OUR GIVEN TARGETS RESPECTIVELY..
              FOR TODAY'S TRADE NICKEL HAS VERY STRONG RESISTANCE @ 1130 & ACTUAL RESISTANCE - BEST SHORT LEVEL IS @ 1136.80... DOWNSIDE TARGETS ARE 1109.60/1103.20.. A BREAK ABOVE 1137 UPSIDE TARGETS ARE 1157/1164..
  CMP - 1123.80
              CRUDE OIL 19JAN2011 EXPIRY BEST BUY LEVEL 4027..RESISTANCE @ 4037.. A BREAK ABOVE THAT TARGETS ARE 4070/4080; A CRACK BELOW 4022 SELL IT FOR A TARGET OF 3995/3986
 CMP - 4028
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