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THE INDIAN STOCK MARKETDESCRIPTION
THE INDIAN STOCK MARKET. Friday, January 7, 2011. NIFTY OUTLOOK 07 DEC. The 6000 levels is major support for Nifty as it was the 20 days SMA. We are expecting that it may offer bigger support for market. If it weakens further then the damage may widen to 5900 levels with a support at 5970. Strategy should be buy around 6000 levels with stop loss of 5975. Links to this post. FIIs IN THE MARKET. FIIs in FO Jan 06. FIIs net buy Rs 131 crore in Index Futures. FIIs net buy Rs 491 crore in Index Options.CONTENT
This web page mybsestocktips.blogspot.com states the following, "Friday, January 7, 2011." We saw that the webpage said " NIFTY OUTLOOK 07 DEC." It also said " The 6000 levels is major support for Nifty as it was the 20 days SMA. We are expecting that it may offer bigger support for market. If it weakens further then the damage may widen to 5900 levels with a support at 5970. Strategy should be buy around 6000 levels with stop loss of 5975. FIIs in FO Jan 06. FIIs net buy Rs 131 crore in Index Futures. FIIs net buy Rs 491 crore in Index Options."