HIGHER MARKET IN LINE WITH WORLD MARKET..AS POSITIVE REPORTS COMING FROM EUROPEAN UNION SUMMIT...WHICH HAS RESULTED IN HUGE JUMP IN DOW FUT BY 100 POINTS...DAX FUT UP 100 , FTSE FUT UP 90 SO WHOLE EUROPE IN CELEBRATION MOOD......NOW FOR TODAY

5260 NF WILL ACT AS FIRST HURDLE OF BULLS....ON FALLS...5210 NF LAST HOPE SUPPORT OF BULLS

ONLY BREAKING THIS RANGE WILL SET FURTHER MOVES FROM BULLS OR BEARS

NOTE ..AS TODAY'S RALLY IS ONLY CENTERED FROM EUROPE...SO HOW EUROPE OPEN AND TRAD..AT 12-30.. 

WILL DETERMINE MOVES OF MARKET.....WATCH

OPTIONS UPDATE AT 2 PM..( 20-6-2012 )

BULLS SINCE MORNING IS SELLING HEAVY NIFTY 5000 PUTS...AND OUTSTANDING IN IT HAS CROSSED 85-00 LACS..... MEANS WITH 6 TRADING DAYS IN THIS SETTLEMENT...BULLS OPENING THERE CARD THAT THEY WILL FIGHT ANY FALL NEAR 5000 NF

ON OTHER SIDE..BEARS ARE HEAVILY SHORTING NIFTY 5200 CALLS..WHERE OUTSTANDING HAS REACHED 75 LAC LEVELS...AND BULLS STILL HAVE TO MAKE ANY BIG OUTSTANDING AT 5200 PUTS...WHICH MEANS BULLS...FEEL EXPIRY CAN BE BELOW 5200 NF

AT 5100 LEVEL THERE IS REAL FIGHT GOING ON WHICH WE EXPECTED IN THE MORNING AND WE GAVE YOU TODAY RANGE OF NF ALSO...30 POINTS LOWER AND 30 POINTS HIGHER TO 5100 NF AND YOU ALL ARE SEEING MARKET STICKING TO THAT RANGE
SINCE MORNING WHILE BULLS ARE SHORTING 5100 PUTS..BEARS ARE SHORTING 5100 CALLS AND OUTSTANDING AT BOTH..5100 CALL HAS OUTSTANDING OF 65 LAC AND PUT HAS OUTSTANDING OF 50 LAC WHICH MEANS IT IS OPERATORS PLAY GOING ON AND TODAY THEY HAVE MADE POSITIONS ..JUST TO EAT PREMIUM OF 5100 CALL + PUT COMBINED..BUT AS TODAY 5100 PUTS ARE BEING MORE SHORTED AS COMPARED WITH CALLS..SO TODAY BULLS WILL NOT LET MARKET BREAK 5100 NF WITH EASE AND WILL SUPPORT THAT LEVEL.....WATCH

TODAY WE HAVE CRUCIAL FED MEET.....THOUGH EXPECTED IS NO CHANGE IN RATES...AS FED HAS SAID NO CHANGE TILL 2014

BUT EYES WILL BE ON ...QE-3...AND ...LANGUAGE OF FED ON WORLD ECONOMY AND EFFECT OF OTHER MEASURES TAKEN BY FED IN LAST MONTH

IF QE-3 COMES...IT WILL BE ZOOM FOR GOLD AND SILVER..AND STOCK MARKET WILL BE BULLISH ....SO KEEP CLOSE EYE ON IT...WATCH

FLAT MARKET IN LINE WITH REST OF ASIAN MARKETS....AS WORLD WAIT TODAY FED DECISION......NOW FOR TODAY

5130 NF WILL ACT AS FIRST HURDLE OF BULLS....ON FALLS....5070 NF LAST HOPE SUPPORT OF BULLS

ONLY BREAKING THIS RANGE WILL SET FURTHER MOVES FROM BULLS OR BEARS.....WATCH

HIGHER MARKET IN LINE WITH REST OF ASIAN MARKET...AS GREEK ELECTIONS GAVE +VE RESULTS AND NEW DEMOCRATIC PARTY WHICH WON IT FAVOURS REMAINING IN EURO ZONE...WHICH EFFECT IS BEING SEEN IN ALL EUROPEAN FUTURES TRADING HIGHER...BUT HERE WE HAVE CREDIT POLICY TODAY SO EYES WILL BE ON DOMESTIC EVENT FIRST
NOW FOR TODAY

5200 NF WILL ACT AS FIRST HURDLE OF BULLS...ON FALLS...5150 NF BULLS SUPPORT

ONLY BREAKING THIS RANGE WILL SET FURTHER MOVES FROM BULLS OR BEARS.....WATCH

ON MONDAY...18 JUNE .. 

WE HAVE..EFFECT OF GREECE ELECTIONS RESULT WHICH WILL BE HELD ON 17 JUNE
WE HAVE CREDIT POLICY
BY THEN WE CAN KNOW FULLY ABOUT NEXT PRESIDENT CANDIDATE

SO CRUCIAL EVENTS AHEAD...PLAY SAFE AND PLAY LIGHT ON WEEKEND...THOSE WHO WANT TO TRADE...BEST WILL BE OPTIONS ROUTE...WATCH

Market update On 15th June 2012

HIGHER MARKET IN LINE WITH REST OF ASIAN MARKET WITH BIG RISE SEEN LAST NIGHT IN DOW....NOW FOR TODAY

5110 NF WILL ACT AS FIRST HURDLE OF BULLS....ON FALLS...5050 NF LAST HOPE SUPPORT OF BULLS

ONLY BREAKING THIS RANGE WILL SET FURTHER MOVES FROM BULLS OR BEARS

EYES WILL BE ON POLITICS OVER PRESIDENT ELECTION
ADVANCE TAX NUMBERS WHICH WILL COME TODAY WILL DETERMINE HOW COMPANIES PERFORMED LAST QUARTER