AD Code

Tuesday, 8 November 2011

Nifty - 08 Nov 11 - Repeat performance expected

Nifty may again open with a unsustainable up gap only to close in the Red

As discussed on Friday, the Nifty opened with a positive gap that was never sustained during the entire trading day. After opening at 5326, the Nifty traded below that mark for the entire day, before closing at 5284. Today again a repeat performance is expected, and hence, Friday's trading plans are what we will trade on today as well.

Happy Trading !!! 

For cash market recommendations see our Daily Pre Market calls on NSE
Posted by at
Labels:

No comments:

Post a Comment

Please add your comments here. Comments will be moderated.

Subscribe to: Post Comments (Atom)
Disclaimer : We express our opinions on this blog primarily as a method of record keeping, i.e. archiving what was our opinion about the markets on any given particular day end. As such, trading in derivatives can be extremely dangerous to you and your finances. We strongly advice you to consult your financial advisor before trading based on the opinions published on this blog. We shall not be held responsible, under any circumstances, for any financial loss or profit, that may be accrued due to your trades being affected by our opinions.