2-9-2009 trading shows that the range bound trading with negative closing. Nifty closed at 4608.
FII sold in cash, F&O too. F&O data is deletion of positions and addition of shorts in some stocks futures. US markets were in consolidated and in red expected the rise is over.
Over all view: As Global cues are +ve as of now.
Nifty may take support within one or two days to have a considerable rally for over a week. Beware of shorts as of now. Stop loss for longs is nifty 4520.
FII sold in cash, F&O too. F&O data is deletion of positions and addition of shorts in some stocks futures. US markets were in consolidated and in red expected the rise is over.
Over all view: As Global cues are +ve as of now.
Nifty may take support within one or two days to have a considerable rally for over a week. Beware of shorts as of now. Stop loss for longs is nifty 4520.
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