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3	SURESHOT- Stock Cash Assured Profits	Rs. 60,000 yearly	Rs. 18,000
4	SURESHOT – Stock Future Assured Profits	Rs.1,20,000 yearly	Rs. 36,000
5	NIFTY Intraday	Rs.60,000 yearly	Rs.18,000
6	Options Calls	Rs.70,800 yearly	Rs.21,240
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NIFTY OUTLOOK (30th October, 2012)

NIFTY DAILY MADE DOJI: STILL DOESN'T HAVE PERFECT TREND

The NSE Nifty spot closed at 5666, as described in previous report about ranges of nifty spot. This time, nifty spot made doji, which is a sign of no trend or continuation of existing trend. This star shows the NO TREND for next day. On the other hand, major technical indicators are showing negative trend with negative diversion, but nifty spot is not coming down. This clearly indicates the strength about index. Supports are as it was indicated in previous report i.e. 5635 level. Intraday traders are advised to make long position on deeps with the stop loss of 5587 level.

 

Happy Trading !!

Megha Investments & Research Team

 

NIFTY OUTLOOK (29th October, 2012)

NIFTY RANGE BOUND: 5635-5751, BREAK OUT WILL SHOW FURTHER MOVEMENT

The NSE Nifty spot closed at 5664 down by approx 0.7% in the weekend with little bit of selling pressure in the major index stocks. It is seen from some couple of days in nifty spot, the index is trading between in a perticular range bound i.e. 5635 to 5751 levels. In technical, major lower indicators are showing negative diversion but showing sell signal. Major support are at 5635 and 5613 for today and major resistance is at 5751 for this week. Intraday traders are advised to buy on deeps, nearer to 5600 level.

Happy Trading !!

Megha Investments & Research Team

 

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