POSITIONAL BUY NIFTY ON CLOSE ABOVE 5025 & ADD HUGE QTY ABOVE 5156
STOP LOSS 4830 CLOSING BASIS ON NIFTY SPOT
STOP LOSS WOULD BE MODIFIED ONCE NIFTY SPOT CROSS / CLOSE ABOVE 5156
TARGET 5500-5600 BY JULY 2010 WILL UPDATE MORE LATER
IF AT ANY POINT NIFTY NEED TO BE BOOKED WILL INFORM
The market edge higher tracking gains in Asian shares. Trading in S&P CNX Nifty index futures on the Singapore stock exchange indicated that the Nifty could gain 37.50 points at the opening bell. However, volatility cannot be ruled out as traders roll over positions in the derivatives segment from May 2010 series to June 2010 series ahead of the expiry of the near-month May 2010 contracts on Thursday, 27 May 2010. In Stock Futures and Option, market may be uncertain according to present condition so there is a suggestion for everyone don't go for big investment in F&O.
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