Good Evening India Hello Traders! Stock / Nifty Index Level are for cash market. Nifty spot is running at over sold zone. Today we had seen beautiful move from beautiful Woman. Is every Beautiful woman can give such advice? We have to test her ability in next few days. Even today she was very perfect. New Bahu (New Bride) always caring home…..But after few days we do not know. Let’s hope for better. Weekly Nifty Range will be 5791 to 6008 (Margin of Error can 20 points) FII are selling and booking long position at upper level. Friday last 15 minute I had informed trader that they are making long today we seen booking at long position. They are trading in small range. Traders are making short and long both position within a day. They trade smartly to earn money. Nifty is showing flat sign. Nifty came in danger zone. Tomorrow flat to mild positive opening is expected. Indian Vix is showing negative trade can come in tomorrow market. Option data is showing Nifty spot hardly can test 5800. Traders are not expecting less than 5800. 6120 is also possible if RBI help Market. Same Time I want to warn you that some big traders are talking for 5680 too. USA market came out from dead zone. Now we are expecting further 145 points can add in DOW. (One week) Nifty spot is buy call if holds above 5860. Nifty Spot:- Major support is 5860 (spot) Remember one line you have make SL just below the support level. Never make SL at Support level. Rebound is expected for Nifty spot, if holds above 5860. However, we are not sure how long this rebound will go. Check trade page or new professional Analysisto follow. Nifty spot will open near to 5892. Nifty spot has to trade above 5908 for further gain. Above 5908 Nifty spot can test 5920/5952. Remember Nifty spot if holds above 5954 can test 6021. (5954 is Bull Number for Nifty spot) Nifty spot if not holds above 5908 can test 5860. (Below 5798) Sell and Buy views are valid only for 11/6/13. Bank Nifty Future: - Bank nifty future is closed above support zone 12090. Bank Nifty future is buy call with SL 12000 for 12242. Buy only above 12148. Bank Nifty will be sell call if went below 12120 for further 12000 points can come. Buy and Sell is valid until 11/6/13. Stock View:- Buy Infosys for TARGET OF 2525 gain in next three sessions SL 2416. Need to hold further two more sessions for target. Data Front; - China Equity market will close for next four days. Overnight China export data is not showing joy. Indian IIP data and CPI data will come this week. CPI data will be flat and IIP data can bring small joy for market. However, Better IIP number will not give greater hope for Rate cut. Global Market view;- Asian Market will trade flat. European market will trade Mix. Line is flat to negative. USA market will trade flat to Negative. Commodity View;- Gold is taking support at 1361. If it is holds above 1382 can give further gain until 1394. Silver go long to Gold. Copper we are running long since 387. Go long at copper our next target at MCX is 418 if holds above 419 or pass can test 444. Crude oil will give small correction. MCX Commodity View;- Gold MCX above 27500 can test 28600. Silver MCX above 44800 can test 46000 Crude Oil MCX above 5400 can test 5640. Copper MCX above 418 can test 444. Currency View:- Indian Rs is oversold. Indian Rs will bounce back. However, INR target is 58.56. Dollar Index can become strong. Indian Market Effect to Indian Market Weaker INR is making worry to FII. It is worry for High Debt burdens Company such JP, Jain, Fortis and many import oriented company ....Titan. Same time Export oriented or Service provided are gaining. Most of IT Company is gaining from weaker Rs. Mr. Murthy Effect to Infosys July 12th will be hopefully date to announce first quarter result. We are not expecting very good result. Result can be better as INR become weaker. However, Mr. Murthy effect stock price can zoom before result. Infosys is not going to show more than 2680. USA Market (Dow) next target is 15480 only above 15132.Today session will give very limited gain.We are expecting not more than 65 points gain. Hope closing will be flat or with small gain. L.K Adavani left form BJP Effect at Indian Political situation. This move will make stronger to UPA. We are expecting it is better for UPA. Is he will go to join Mr.Mulayam Singh. Few months back these questions are rise from many angles. If look backyard of Mr. Mulayam Singh …Yes he can bring Mr. Advani to join his party.It can be good move. If Mr. Mulayam Singh will success. Mr. Adavani is a brand in Indian villager Voter. BJP is follow Facebook follower and took the decision. Pakistan we had seen that Facebook followers bring or force Prevez Mushraf to come back Pakistan. Now he is moving his leg to court. Mr. Imran Khan same happen....Now Mr. Imran Khan is passing time at Hospital. We are very similar fashion voter. We love our old man. We are not making old age home. We are keeping our Mother - Father at home. Team Dream Written by Nano Khan
Posted on: Tue, 11 Jun 2013 06:06:18 +0000
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