NIFTY SUPPORT:-
Nifty take support from 4480-4450 support zone on any decline or gap down opening,
It will recover and move in upward direction.
Nifty moves above and stays above 4525, it will continue its upward movement.
Weakness at higher levels is expected only when Nifty faces resistance to cross 4600 levels.
INTRADAY STOCK:-
S.B.I., :
Buy this Stock at lower levels or on declines near 1695, 1690,
on evidence of support for targets of 1730, 1745, 1755.
Keep Stop Loss at 1670.
INFOSYS :
Buy this stock at lower levels near 1710, 1700, 1695
Support for targets of 1730, 1745, 1755.
Keep Stop Loss at 1680.
Tuesday, June 16, 2009
Wednesday, May 20, 2009
Free Day Trading Tips, 21.5.2009
NIFTY OUTLOOK:-
Nifty manages to stay above 4220-4200 on any intra day decline,
it will manage to bounce back and move in upward direction.
At higher levels if it fails to move above and stay above 4295-4310,
Again it may fall and come back to lower levels.
STOCK FUNDA:-
TATA STEEL:-
Buy this stock at lower levels or on declines near 360, 355,
Support and bounce back for targets of 370, 385, 395.
Keep Stop Loss at 345.
Nifty manages to stay above 4220-4200 on any intra day decline,
it will manage to bounce back and move in upward direction.
At higher levels if it fails to move above and stay above 4295-4310,
Again it may fall and come back to lower levels.
STOCK FUNDA:-
TATA STEEL:-
Buy this stock at lower levels or on declines near 360, 355,
Support and bounce back for targets of 370, 385, 395.
Keep Stop Loss at 345.
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