NEW SERVICE

Dear Friends,
We are planning to start our personalised service of giving POSITIONAL & INTRADAY CALLS for NIFTY FUTURES /OPTIONS very soon. All those friends who are interested in this service and those who have been enquiring over the last few months about this service can send us a E-mail immedietly to the following email addresses:
rjn_bht@yahoo.co.in
bhrajan@gmail.com
Thanks and warm wishes , we will be looking forward to hearing from you.
Reply with details about the service will be sent to all on recipt of your enquiry.
Rajan Bhatia
PS: CAVEAT is that this blog will always remain free and as before markets technicals / charts will be posted daily for all to follow.

GOING LIGHT

Market after opening in positive gave up all gains to be light , going into the weekend event..Seems participants did not want to take a chance and lightened up their positions.We again went into the resistance zone at 2830 slipped to take support at 2690 zone..Market has been doing nothing and has to break out in some direction. Lets cross our fingers and see which direction it is...cheers.

WHATS IN STORE

Markets quickly moved to the upper end of the band after the break out and again came close to the strong resistance zone of 2850...There are no great cues coming from overseas markets , so maybe the participants again may not press buying calls resulting in weakness over next day or so with range bound trading ,then deciding the move.It will be prudent to book profits in longs and trade light and in the direction. Supports today are at 2750-2690 with strong support 2630 & resistance at 2830-60 and a little higher at 2920. Trade accordingly ..CHEERS.