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10 March, 2011

Bullish-bearish barrier

For 11-03-2011 trading: 
  • As per Sensex levels markets will be bearish below 18300 and bullish only after crossing 18645. For both the directions stoploss will be the level it self.
  • FII data bearish in cash and F&O. Nifty future added 5 lakhs means bearish.
Tomorrow the IIP data and next day the inflation figures are the violent market movers and after these jerks the market will go down finally. Our trial is to buy puts at cheaper rates in the jerks. stop loss for shorts is nifty 5610.

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