Stock Trading Tips & Market News – 5 November

This item was filled under [ Day Traders, Past Performance, Short Calls, Trading Calls ]

Today’s Stock Market Sensex & Nifty (Cash and Options) Free Trading Calls

  • Stock Market Pre-opening Outlook: Yesterday was really the worst day for day traders especially in Nifty. Personally i also had lost few bucks in bounce back after really strong selling pressure till mid session. Nifty was opened 50 points down after following all global market. US Federal had kept rate uncut and which is really good sign of recovery but US market didn’t understand that and tanked from 80 point gains to 30 points and nasdaq was clsed in RED. But DOW and NASDAQ will boucne back soon as US is showing some good recovery. EU markets were opened in RED but after mid session they have recovered and trading in GREEN. Asian market should open with 1% to 1.5% gains and should maintain its strength full day. Indian NIFTY markets are supposed to open in GREEN with 65 to 70 points gains at 4825 to 4835 on 4846 is crossed nifty could make high of 4892 to 4915 during intraday trading.
  • Nifty Levels: Current 4765 Support Level 4745, 4710, 4687 Resistance Level 4825, 4867, 4910
  • NOTE: This is short term reversal. We may see more down move again.
  • Buy Realty and Infrastrcture (IRB, Lanco Infra, Unitech, Anant Raj and Purvankara)
  • CASH: Buy Reliance Communication above 179  Intra Target 185, 188 Short Term Target 195, 205 Stop Loss 174
  • FUTURE: Buy Reliance Communication For intraday Target 5-6%
  • CASH: Buy Mahindra and Mahindra above 964 Intra Target 980, 995, 1010 Stop Loss 950
  • CASH: Buy Opto Ckt Target 208, 213 Stop Loss 200
  • CASH: Buy Reliance Infra Target 1120, 1145 Stop Loss 1060
  • CASH: Buy Punj Llyod Target 215, 219 Stop Loss 205
  • CASH: Buy Great Offshore Target 530, 538 Stop Loss 512
  • Want to donate me for free trading calls: Donation Details
  • Past Trading Calls View Here
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One Comment on “Stock Trading Tips & Market News – 5 November”

  • 4 January, 2010, 13:23

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