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Thursday, November 26, 2009

Re: [Technical-Investor] Jan Nifty Futures at 5640.55

 

Come on dear... He was only passing on a view of a broking house. To be fair to the broking house they were not so very sure as to recommend a buy in futures. It was only a buy in cash and for a target of 20% in a broader index (roughly tht wud be like 6000+) it can be only over a medium term perspective...

gv

On Fri, Nov 27, 2009 at 10:29 AM, Sumit Verma <sumit.vermaifm@yahoo.com> wrote:


NIFTY at 4900.


From: Sumit Verma <sumit.vermaifm@yahoo.com>Sent: Thu, 26 November, 2009 4:25:27 PM
Subject: Re: [Technical-Investor] Jan Nifty Futures at 5640.55

 

Nifty is at 5005.


From: Kaiser Musa R. <musadr@yahoo. com>
To: Technical Investor <Technical-Investor@ yahoogroups. com>
Sent: Thu, 26 November, 2009 1:20:32 PM
Subject: [Technical-Investor ] Jan Nifty Futures at 5640.55

 

A msg I got from a prominent brokerage:

"Jan Nifty futures has a spike of 5640.55 which is also the Upper circuit limit for the contract. This could be a signal for the Bullish Momentum to come in future. Traders can go long in Cash segment (Niftybees) in small quantities for a 20% increase"
26 Nov 09, 12.57 pm.

Just FYI.

Regards,
Musa
http://www.bangalor einvestorsclub. com





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