Nifty Intra day Trend Analysis

  Nifty Close:5471.85 +69.45             Sensex Close:18205.87 +234.75

 Indian shares rallied today tracking gains in US index futures and European market rise due to increase in China’s Purchasing Managers’ data and also the surge of 1.2% from the first quarter in Australia’s economy boosted the investors sentiment. The strong auto numbers were also responsible for the market’s rally. The BSE benchmark ended at 18205.87, advanced by 234.75 points or 1.31% and NSE Nifty climbed up by 69.45 points 1.29% to end at 5471.85.

                                                        

                                           Click and see here yesterday's view 

  

Nifty Spot Intra day calls  for 02/09/2010

   

Nifty buy above 5514 keep stop loss at 5492.75, Target 5536 and 5543.

Nifty sell below 5430 keep stop loss at  5451, Target 5407 and 5402.

Nifty reach at 5492.75 go short keep stop loss at 5514, Target 5466 and 5460.

Nifty reach at 5451 go long keep stop loss at 5430, Target 5477 and 5484.