Thursday, May 14, 2009

INTRADAY TIPS FOR 14 MAY 09

GOOD MORNING
MARKETS ARE IN THE VERGE OF DECLINING AS THE EXIT POLL RESULTS ARE OUT WITH LOTS OF SPECULATIVE MOVE AMONG THE INVESTORS, MARKETS LIKELY TO COME DOWN WITH LOT OF PANIC IN THE MARKETS IN THE MINDS OF INVESTORS. BE LITTLE CAUTIOUS IN HOLDING ANY POSITIONS. TODAY IF MARKETS BREACHES 3580 THEN GO FOR SHORT POSITIONS MARKET MAY SLIDE TO 3520 IN TODAYS TRADE AND IF NIFTY HOLDS ABOVE 3580 THEN MARKET IS STILL CONTINUED TO BE POSITIVE.

SELL HDIL BELOW 179 SL 184 TGT 173/171
SELL TATAPOWER BELOW 888 SL 900 TGT 870/858
SELL RIIL BELOW 737 SL 754 TGT 720