Nifty Futures for Frtiday 28 Oct 2011

Wishing everyone a Happy and Prosperous New Year ..... Samvat 2068 !!!!!!!!!

We were celebrating the festival of light and it seems like the entire global market participated in their own way to celebrate with us.

This Friday for us in INDIA, it could be just one way or highly volatile session but close will be in GREEN.

SEBI had made announcement that STOCK bought on Tuesday(25th) and Wednesday(26th) could not be sold till Monday 31st OCT. So Its common sense that Nifty will close in green only. L'n'E methodology 

Hence be very careful in selection your trade, following technical view will be helpful.

No trade between 5201 and 5222 (to avoid trap)

Buy above 5222 with SL of 5201 for targets of 5266-5311-5350
Sell below 5201 with SL of 5222 for targets of 5177-5156-5131

Out Performers for 28/10/2011

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Reality, Banking, OIL, Auto & FMCG.

Under Performers
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Pharma & IT.