Nifty has kissed the level of 5500..what should be the next

[mitraji]

bullish market can maintain the stability with the current level

What should be the market breath for Monaday. Alalyst recommenda that market levels for Mosday 21st-August2010 should not more than betwen thye range 5480-5490. Pharma stock should be bullish on that day.

 

[saivenkat]

Re: bullish market can maintain the stability with the current level

What should be the market breath for Monaday. Alalyst recommenda that market levels for Mosday 21st-August2010 should not more than betwen thye range 5480-5490. Pharma stock should be bullish on that day.

With no special notable developments in the global market during this time, i feel that market should continue to loiter in the narrow trading zone.. It has taken a long time for the market to cross 5500 levels and so breaking below this 5500 is not that much easier. It requires a big downward surge for that.

Happy trading Mitraji.

Saivenkat

 

[mitraji]

Definitely market is going high with some strongest global cues. We can say it is a time for intraday trading. Now what should be the next higher level for nifty??

 

[mitraji]

The rangebound nifty

Nifty traded in the range bound. The range for nifty for monday may be 5445-5500.

 

[jooli]

People are saying to invest in penny stocks. Is it really a suitable time to invest in penny stock?

please also comment about it.

 

[Subhadip]

People are saying to invest in penny stocks. Is it really a suitable time to invest in penny stock?

please also comment about it.

please do not follow others blindly..
penny stock does have higher brokerage...
also penny stock does not mean it can not go below the price ur buying..

 

[rajeabc]

please do not follow others blindly..
penny stock does have higher brokerage...
also penny stock does not mean it can not go below the price ur buying..

As I know ,most of brokerage houses charge on % basis then how can it be more ? Or do they charge differently for penny stocks ?

 

[Subhadip]

As I know ,most of brokerage houses charge on % basis then how can it be more ? Or do they charge differently for penny stocks ?

they do charge fixed paisa brokerage in case of penny stocks..
please knowfrom ur broker before buying penny stock..
plan ur trade before u trade..
happy trading