Thursday, April 23, 2009

COMMODITY TIPS 23.04.09

Bye Gold around 14350 Tgt 14440 /14510 Sl 14265
Buy Crude around 2490 Tgt 2525/2548 Sl 2460

INTRADAY TIPS FOR 23.04.09

Market expected to be very wild please be cautious maitain strict stoploss for the day. RIL is going to announce its quarterly results much of the market movement will be based on its performance. Overall market is showing negative signs if market breaches 3280 then expect market would come down further down and if nifty stays above 3360 then we can expect upward move for the day to 3400 to 3420.
Buy ACC Futures above 640 Tgt 649 Sl 634
Buy Rpower Futures above 126 Sl 123.90 Tgt 129.7
Buy Suzlon Futures above 62 Sl 58.90 Tgt 68/72
Sell Unitech 48 Sl 49.10 Tgt 44.50/42.6
Sell HCLTech Futures 126 Sl 128.60 Tgt 121
Positional trade Buy Allied Digital in todays trade with stoploss of 239 for a target of 350 (7 trading days)