Index closed very near to its major resistance of 18500 yesterday and above this level, we may be sure of further rise in its level. No risk is seen for the markets above this level.

Markets may open positive for today and may remain volatile as the traders may like to book profits at higher levels on the last working day of this week. Play safe and avoid overnight positions for Monday.

Future CALLS GIVEN yesterday

TATA MOTORS Futures (250 shares) given by us yesterday gave good profits Given at 1138 and booked at 1160?

HINDALCO Futures (2000 shares) given again by us yesterday gave good profits Given at 239 and booked at 246?

PFC Futures (1000 shares) given again by us yesterday gave good profits Given at 254 and booked at 260?

NIFTY Futures (50 shares) given again by us yesterday gave good profits Given at 5450 and booked at 5500?

NIFTY Futures (50 shares) given again by us yesterday gave good profits Given at 5500 and booked at 5530?

BANK NIFTY Futures (25 shares) given again by us yesterday gave good profits Given at 10550 and booked at 10650?

AIN IRRIGATION given by us yesterday gave good profits Given at 174 and booked at 180?

BATA given by us yesterday gave good profits Given at 319 and booked at 328?

NIFTY FUTURE TRADING ADVICE

No risk is seen above the level of 5530 but below this level it remain weak for 5480 and below also and above 5550 it remain good for 5600 and above also. 

BANK NIFTY TRADING ADVICE

No risk is seen above the level of 10650 but below this level it remain weak for 10500 and over 10700 it remain good for 10900 and above also. 

BSE INDEX No risk is seen above 18400 but below this level it remain weak for 18200 and below also. Above 18500 it is good for 18800 and above. 

NSE----- No risk is seen above the level of 5520 but below this level it remain weak for 5470 and below also and above the level of 5550 it remain good for 5600 and above too.