Friday, June 4, 2010

TODAY'S MARKET TREND

Today as per the market trend oil should be a good option. oil at platt minus is 7 $ ,it will rise the bull market
so jp and d2 will get a sco and ncnda very soon and oil market will rise up to 7-12 $ in jp and 12-16 $ in d2.

Now let's have a look of NIFTY , yesterday nifty closed at 5019.85 .
Resistance for NIFTY FUTURE is 5100 to 5120 ,If it'll close above this resistance level then it could go up and could touch the level of 5170.

In OPTION MARKET because of the volatility in market option segment is suggesting the fear of down site the trader's are purchasing put options and selling call options. Trader's are aiming sell option with higher premium and higher premium shows volatility.

Yesterday SENSEX again touches 17000 . This regain of sensex was led by OIL & BANKS.

GOLD AND SILVER TIPS

GOLD PCP 18450
TREND-WEAK resistance level 18717, stop loss 18255

SILVER PCP 28732
TREND-WEAK resistance level 29538, stop loss 28207.95

No comments:

Real Time Analytics