Outlook and trading calls for 28Feb07

Nifty: 3893.90 -48.10 Points Sensex: 13478.83 -170.69 Points

FII Activity:
Cash Segment: 503.38 crores net sellers
Index Futures: 687.99 crores net sellers
Stock futures: 40.24 crores net sellers

Advance Decline ratio: 551:468

Outlook for 28Feb07:
Today the markets will be very volatile. It is a big day for the markets. You can see that FIIs have sold nifty futures today also. Total 3400 crores in 3 days and 1100 crores sold in cash in 2 days. Technically also the Nifty futures 15 days moving average has cut 30 day moving average from the top. All this suggests that every higher level is an opportunity to sell Nifty futures and buy puts.

Futures Trading Calls:

No Calls for today. Just stay out and watch the market. No intraday today please.

Cash Calls:

No Calls for today. Just stay out and watch the market. No intraday today please.


Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.