Market opened on a positive note, but shed off all its gains towards the close on account of rofit booking at higher levels coupled with fresh short created around 4,060-4,070 in Nifty futures. Volumes in Nifty futures were lower than the average trading volume. 5.4 lakh shares were added in open interest with a decrease in the cost of carry, indicating short built up.
Reliance Sell Below 2000 You can see real panic in this stocks.
Century Text sell below 500 SL 509.
NIFTY Futures-------3900___3948___3976___3994___4040___Go long above R2,Go short below S2.
Adlabs Film------------375____387____397____407____418___Go long above R2,Go short below S2.
Century Text-----------480-----490------501-----510-----524----Go long above R2,Go short below S2.
DLF-------------------410-----420------426------436-----452----Go long above R2,Go short below S2.
ICICI Bank------------583-----590------604------616-----630---Go long above R2,Go short below S2.
Infosys----------------1735---1776-----1801-----1820---1867----Go long above R2,Go short below S2.
J P Associates----------150----155-------160------165----171----Go long above R2,Go short below S2.
Reliance---------------1950---1990-----2028-----2067---2100----Sell on rise at R2.
Reliance Capital-------1000---1020-----1036-----1059---1080----Go long above R2,Go short below S2.
Reliance Comm---------399----409------420-------433----440----Go long above R2,Go short below S2.
SAIL-------------------123----126------130-------133----136-----Go long above R2,Go short below S2.
Satyam-----------------461----470------482-------488----494-----Go long above R2,Go short below S2.
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