Thursday, March 3, 2011

NO TRADING CALLS GIVEN TODAY

BECAUSE OF HIGHLY VOLATILE NATURE OF MARKETS, NO TRADING CALLS WERE GIVEN; WE REMAINED ON SIDELINES - RAJAN IYER

EXTEREME VOLATILE MARKET

MARKETS ARE  IN THE GRIP OF EXTERME VOLATILITY.  NO STOP LOSS LEVELS WILL SUSTAIN, BOTH FOR BUY AND SELL POSITIONS - STAY AWAY FROM TRADING  TILL NORMALCY IS RESTORED -  COMPULSIVE TRADERS  CAN  TAKE TRADING POSITIONS AS PER THE TRADING LEVELS GIVEN EARLIER - RAJAN IYER

MARKET OUTLOOK 03.03.2011


MARKETS TO REMAIN CHOPPY WITH A NEGATIVE BIAS.
NIFTY FUTURES TRADING LEVELS:
BUY  ABOVE 5560   FOR TARGETS OF  5585/5615   SL  5540
SELL BELOW 5500  FOR GARGETS OF 5480/5450   SL   5530

RAJAN IYER