Thursday, May 26, 2011

Indian Stock Market Daily Outlook

NIFTY FUTURE EXPIRY OUTLOOK (26-MAY-2011)


Readers who short sold nifty future as per levels given yesterday would have made a profit of 2500 rs in 2 lots of trade.


Today is expiry day for May contract.


As any expiry day, it could be volatile and it is wiser to be on sidelines.


Tata steel's European entity has shown profit first time after take over. 
This makes Tatasteel stock to watch today.




It is very interesting to note the relative movement of nifty, cnxit and banknifty.


Have a look at the chart below and send us your observations.
















Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

1 comment:

Akhil said...

hi, how big is your trading team?

World Markets (delayed)