Intraday Tips Market Trend
Customers 9.9out of 10 based on 3901 user ratings

Nifty Intraday Tips For 24 Feb 2011


The Nifty Index in last trading session ended with loss of more than half a percent. On the derivatives front we have seen that the Nifty Futures prices ended in the red along with shredding of open interest and decline in the cost of carry, this is an indication of unwinding by the longs. On the options front we have seen that the OI PCR is currently at 1.18 vs. 1.21 whereas the Volume PCR is at 0.98 vs. 1.05. On the volatility front we have seen that the Indian VIX has dropped by nearly one percent indicating lesser volatility.

Nifty Intraday Tips 24 Feb 2011

  ACTION    TRIGGER PRICE   STOP LOSS   TARGET-1  TARGET- 2
SELL ABOVE         5460              5480         5400         5340 

Nifty Intraday Levels for 24 Feb 2011

SUPPORT 1  SUPPORT 2  RESISTANCE 1  RESISTANCE 2 
     5400             5340             5480                5520  

      Posted by:     
Intraday Tips Updated at: 7:42 PM
 
*
*
+91
 *
Services
Interested in *
Stock Cash Stock Futures
Nifty Futures Options
Bullion MCX Agri NCDEX

Search This Blog

Disclaimer :- The usage of this blog confirms to the policy that the investment in stock market has inherent risks and author or his clients may or may not be following the recommended.The author will not be held responsible for any loss incurred by following the advice.