Wednesday, August 24, 2011

NIFTY FUTURES TRADING LEVELS FOR 24.08.2011


GOOD MORNING.  MARKETS  TO OPEN FLAT.  WITH  AUG SERIES EXPIRY JUST A DAY AWAY, EXPECT  MORE VOLATILITY.  THERE COULD BE SOME HECTIC SHORT COVERING IN THOROUGHLY BEATEN DOWN SECTORS  LIKE  BANKS, AUTO  AND METALS.

NIFTY FUTURES LEVELS
BUY  ABOVE  4940   SL  4925  TARGETS  4956/4985/5035
SELL BELOW  4920   SL  4935  TARGETS  4885/4862/4840

RAJAN IYER