May 8, 2011

Trading for May10,2010

Nifty Conservative Trading
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Nifty Weekly Long above 5840  -oversold
Nifty Daily  Long above 5632  -bought

Only a close above 5632 =>  should be used to take long position
Since overall trend remain down below 5632.
Avoid long till 5632.Exploring shorting opportunity will be advisable.

Nifty Aggresive  Trading
---------------------------------
Range 56  min 5494 max 5608
STOPLOSS 10 points only.

Nifty  JNSAR
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Nifty Weekly JNSAR  5685
Nifty Daily  JNSAR  5645

Nifty Hawala Trading
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Nifty Monthly 5785

Bank Nifty JNSAR
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Nifty Weekly JNSAR  11354
Nifty Daily  JNSAR  11243

GOLD JNSAR
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GOLD MINI  22055

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