Hi Fundmentalist, I think FII are really powerful to control the INDIAN Market. They went long on May futures and made sure the market was above 6000 for May expiry and then they went short and made market touch below 5600 in this series and made huge profits; FII`s were writing 63/62/61/60/59 00
3.45 PM Jun 25th
The reason it went to 547 was all the jokers were running like crazy behind Yes bank thats the reason we had shorted June future instead of May future. Anyways the bottomline line is I made a profit with that call so whether the stock went to 547 or not thats immaterial for me.
3.57 PM Jun 11th
Bank Nifty MAY Future: (12807) 12845 & 12910 crucial hurdles to watch out for up to which selling will be seen, SL 12910 to your shorts. Down break below 12726 it`ll heavily fall down to 12675, 12635 & 12570.Up crossover above 12910 it`ll turn positive & surge up to 13085.
1.50 PM May 31st
Nifty May Future: (6131) 6153 a crucial hurdle to watch out for crossover above which only it`ll sustain on higher levels & flare up to 6186, 6207-6220 & 6255. Down 6112 a crucial supp, SL 6075 to your buys. Break below 6075 it`ll turn weak & fall down to 6042, 6018 & 5980.
1.50 PM May 31st
Source:FirstPost - Indian markets opened soft this morning ahead of May Futures and Options expiry due today.Investors and policymakers will be closely watching Indias fourth-quarter and full fiscal year 2012/13 gross domestic product (GDP) growth figures tomorrow. The economy grew 4.5 percent
12.24 PM May 30th
Bank Nifty MAY Future: (12799) 12820 & 12838 crucial hurdles up to which profit booking will be seen, SL 12900 to your any shorts. Down break below 12704 it`ll fall down to 12661 & 12563.UP crossover above 12900 it`ll turn positive & spurt up to 13020 & 13085. TATA MOTORS: (304) 306 a most crucial
10.32 AM May 30th
After 4 rs dividend cash based selling will stop and cash buying will emerge. Good open intrest build up in future for June sereis . Last ditch effort of May future shorters to pull down prices by some selling in cash .Run up after 2.30 pm. Smooth one sided uptrend from tomorrow . Get 4 rs final
10.23 AM May 30th
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