BOOK FULL PROFITS IN NIFTY FUTURES SHORT CALL CMP 5552

NIFTY FUT CMP 5552; BOOK PROFITS AND EXIT  NIFTY FUT SHORT POSITIONS.  SHORT CALL GIVEN AT 5573.  BOTH TARGETS ACHIEVED  - RAJAN IYER

SHORT SELL NIFTY AT 5573

SHORT SELL NIFTY FUT AT 5573  SL  5585  TARGET  5560/5554 - RAJAN IYER

NF CMP 5569 - BOOK PROFITS IN NIFTY LONG POSITION

NF 5569: BOOK PROFIT AND EXIT NIFTY FUT LONG POSITION - BUY GIVEN AT 5548 - RAJAN IYER

NIFTY FUTURE CMP 5559 - BOOK PROFITS

NIFTY FUT CMP 5559; BOOK SMALL PROFITS AND EXIT LONGS; BUY CALL GIVEN AT 5548 - RAJAN IYER

BUY NOW NIFTY FUT AT 5548

BUY NIFTY FUT AROUND 5548 FOR TGTS 5565 AND MORE - SL 5525 - RAJAN IYER

BOOK PROFITS IN NIFTY 5600 PUT AT CMP 128;

BOOK PROFITS IN NIFTY 5600 PUT AT CMP 128; BUY CALL GIVEN AT 100 - RAJAN  IYER

NIFTY FUTURES TRADING LEVELS FOR 02.06.2011

NIFTY FUT LEVELS: 02.06.11:

 BUY ABOVE 5590 TARGETS: 5610/5630/5645 SL 5575;

 SELL BELOW 5575 TGTS: 5545/5530/5510 SL 5590

 - RAJAN IYER

MARKET OUTLOOK FOR 2ND JUNE 2011

NEGATIVE GLOBAL CUES  COULD  DRAG  OUR MARKETS DOWN.  DOW  CLOSED  279 POINTS DOWN; EU MARKETS  SHED MORE THAN 1% EACH.  ASIAN MARKETS FOLLOWED SUIT  WITH NIKKEI TRADNG   - 166 POINTS. HANGSENG IS DOWN 355 POINTS.
SGX NIFTY IS  TRADING T 5535, DOWN 60  POINTS.  FEARS OF  A SLOWING  US ECONOMY HAS LED TO  HAMMERING OF STOCKS IN THE US.  THE PROSPECT OF  GREECE DEFAULTING ON ITS  DEBT OBLIGATIONS IS LOOMING LARGE ON EUROPEAN FINANCIAL SYSTEM.  SLOWER ECONOMIC GROWTH IN CHINA IS ANOTHER CAUSE OF WORRY. AT HOME,  LOWER THAN EXPECTED GDP GROWTH IN FY 2011 AND  SLOWING INDUSTRIAL GROWTH, RISING INFLATION AND  PROSPECTS OF  FURTHER HIKE IN INTEREST RATES  ADD UP TO THE WOES OF INVESTORS BOTH DOMESTIC AND FOREIGN.

WE EXPECT A  GAP  DOWN OPENING WITH ABOUT  50 POINTS DOWN,  AROUND 5540.
 BOOK FULL PROFITS  IN NIFTY 5600 PUTS AROUND 140. BUY CALL GIVEN AT 100 YESTERDAY.

RAJAN IYER