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NIFTY FU VIEW AND PICKS BY SAURABH GARG. MARCH-11-2010
| From : Saurabh Garg at 10:26 AM - Mar 11, 2010 (23 months ago) |
The Indian market is struck in a narrow range on Thursday due to subdued Asian cues. Traders await a report on food inflation for clues on interest rates.
NIFTY FU is looking weak for 5108/5098/5087/5069. s/l. of 5130.
One may sell nr. 5116.
As par data FII seems to avoid effective trade in nifty fu so the low risk tarders may avoid the same or use as a hedge option with stock fu.
Personaly i avoid nifty fu for more few days...
Resistance nr. 5137 Support nr. 5074.
Sell sbin fu @ 2023-2027 s/l. of 2035 tgt of 2014/2007.
Sell BEML fu @ 1058-1060 s/l. of 1067-69 tgt of 1049/1039/1029.
Sell DLF fu @ 315 s/l. of 321 tgt 308/302.
Thanks n Regards
SAURABH GARG.
moneymaatrix27 @ ya hoo.com
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