Monday, May 4, 2009

COMMODITY TIPS FOR 04 MAY 09

SELL CRUDE AROUND 2645 TGT 2601/2570 SL 2683

TIPS FOR 04 MAY 09

GOOD MORNING!
MARKET SENTIMENT REMAINS BULLISH, FOR TODAY MARKETS WILL BE POSITIVELY BIASED BE CAUTIOUS IN THE SELLING SIDE TRY TO BE ON THE POSITIVE SIDE OF THE MARKET FOLLOW THE TREND. MARKET IS EXPECTED TO GO UP TILL 3750 BEFORE THE DECLARATION OF THE RESULTS. NIFTY IF CROSSES 3520 WOULD TRIGGER IT MOVE TO 3555-3670 LEVELS. IT AND SUGAR SECTOR SEEN AS GOOD SPACE FOR BUYING FOR INTRADAY.

BUY RPOWER FUTURS SL 123 TGT 126/128/130
BUY BANKBARODA SL 329 TGT 340/345
BUY INFOSYS SL 1494 TGT 1540/1570
BUY UNITECH SL 43.10 TGT 46/48