Friday, April 24, 2009

Trading Tips for 24.04.09

Markets are running in a very crucial phase be cautious as nifty and sensex at their resistances, break above 3400 on closing basis would take the market to 3700-3770. Today market would be very volatile if manages to break 3400 and trades above it may move up further with short coverings. Though the market sentiment is positve one cannot rule out a nose dive in nifty if any negative results crops-in so be cautious on the longer sides till the nifty trades above 3400.
Buy TCS above 570 Sl 563.30 Tgt 579/588
Buy Aptech above 98 Sl 94.30 Tgt 102/106
Buy Tatamotors around 245-246 Sl 239 Tgt 259/263/270 (Positional)
Buy GVKPIL above 27.50 Sl 25.75 Tgt 34 (Positional)

Sell Torant Sl 101.30 Tgt 94/89/83
Sell Dabur below 106 Sl 107.10 Tgt 103
Sell Amtekauto Below 107 Sl 109 Tgt 105/98/93