INTRADAY CRUCIAL TIPS OF NIFTY FOR 12TH AUG

TRADE SAFE
BAD DAY FOR INDIAN MARKETS SELL NIFTY FUTURES AND PUT OF NEAR COULD BE SUGGESTED
TRAIL STOPLOSS WEN BUYING AND SELLING
SELL NIFTY BELOW 5420 FOR TARGET OF 5397 AND 5377 AND 5345 STOPLOSS 5345

US MARKETS DOW DOWNS NEARLY 2.5% MINUS
INDIAN MARKETS LITTLE BIT GOOD FOR STRONG MOVEMENT OF UPSIDE IN UP COMING DAY HOLD LONG POSITION IN NIFTY UP-TO STOPLOSS OF 5370 .

ICICI BANK AND TATA MOTORS ARE EXPECTED IN TOMORROWS RALLY FOR UPSIDE OF NIFTY , RELIANCE NOT RELIABLE SO FOR EXIT FROM RELIANCE NOW ,
UPDATES WILL BE GIVEN AND TIPS SMS FREE TRIAL TO 9840400776

FUTURE CRUCIAL FOR 10TH AUG 2010

NIFTY CRUCIAL 5463
ABOVE 5483 5504 5524
BELOW 5443 5423 5402

TATA STEEL CRUCIAL 539
ABOVE 543 548 552
BELOW 534 529 525

INTRADAY CRUCIAL TIPS OF NIFTY FOR 10TH AUG

buy nifty FUTURES above 5463 for 5504 and 5524 stoploss 5460
sell nifty FUTURES below 5457 for 5422 stoploss 5463

NIFTY IS LIKELY TO MAKE HIGHER TOP

Crucial Trendline is broken, And it is likely to offer Resistance, 5 August 2010

The Trendline which was drawn from the May low of 4786, was already broken by the Nifty. But, Nifty is still showing some strength upside. Since the crucial trendline has already broken in the downside, it can be assumed that Nifty is likely to top out in the near future.

Break of trendlines not always followed by sharp trend reversal. Some times it would be followed by a weak rally. In this type of break out, now the same trendline would act as resistance in the upside. Unless, Nifty once again moves above this trendline in another 2 or 3 trading sessions, Nifty is likely to see a sharp correction in the downwards.
FOR MORE DETAIL REFER
WWW.SATHIAMOORTHY.COM

INTRADAY CRUCIAL TIPS OF NIFTY FOR 5TH AUG

TRADE SAFE FOR 5TH AUG 2010
BUY NIFTY ABOVE 5464 FOR A TARGET OF 5486 AND 5522 STOPLOSS 5442
SELL NIFTY BELOW 5442 FOR A TARGET OF 5406 STOPLOSS 5464