Thursday, June 11, 2009

INTRADAY TIPS FOR 11 JUNE 2009

GOOD MORNING!!!
MARKETS ARE AT A STAGE WHERE THERE IS NO TURN BACK. BUT REMEMBER ONE THING IN THE MARKET WHEN EVERYONE IS IN BUYING MODE JUST TRY TO AVOID BUYING AND WHEN EVERYONE IS IN SELLING MODE TRY TO MAKE USE OF THE CHANCE TO BUY IT, THERE IS A GOLDEN RULE BUY WHEN EVERYONE SELLS AND SELL WHEN EVERYONE BUYS. EVEN IF YOU FEEL AT THIS STAGE IT IS WISE TO INVEST THEN INVEST IN VERY SMALL QUANTITIES BECAUSE IF MARKET FALLS IT WILL FALL WITH VENGENCE WHERE YOU WILL NOT BE ABLE TO EVEN SELL THEM, PLAY CAUTIOUSLY. MARKET IS MOVING AS EXPECTED AND ON THE CHARTS TECHNICALLY THEY ARE VERY BULLISH WITH ALL THE OSCILLATORS AT THEIR PEAKS CHANCES OF REVERTING WILL BE VERY FAST SO BE VERY VERY CAREFUL IN BUYING ANY STOCK AND HOLDING IT.
TODAY IF NIFTY CROSSES 4688 AND TRADES THEN NIFTY WILL MOVE TO 4720-4780 AND IF NIFTY BREACHES 4624 THEN NIFTY WILL COME DOWN TO 4580-4530 IN TODAY'S TRADE. JUST STAY CAUTIOUS IN MARKETS WITH STRICT STOPLOSS.

BUY CAIRN FUTURES ABOVE 258 SL 254.90 TGT 271/280
BUY ACC ABOVE 898 SL889 TGT 909/914/919
BUY RELINFRA ABOVE 1220 SL 1199 TGT 1244/1268/1285/1293
BUY BAJAJHIND ABOVE 207 SL 204 TGT 212/217