Tuesday, September 1, 2009

INTRADAY TIPS FOR 01 SEPTEMBER 2009

GOOD MORNING!!!
TODAY MARKETS WOULD BE POSITVELY BIASED IF NIFTY TRADES ABOVE 4681 THEN WILL LEAD TO 4709 AND TRADE ABOVE THIS POINT NIFTY WILL GO TO 4774 IN INTRADAY. CLOSING ABOVE 4760 IS CONSIDERED TO BE A VERY BULLISH SIGN AND WOULD LEAD NIFTY TO 4820 IN NEXT TRADING SESSION. ON THE NEGATIVE FRONT BREAK BELOW 4665 NIFTY CAN SLIDE TO 4600 AND BREAK BELOW THIS LEVEL IT CAN GO TO 4550 AND ANY CLOSE BELOW 4550 IS CONSIDERED TO BE WEAK SO IT IS AVICEABLE TO EXIT ALL YOUR LONGS AT THIS STAGE.
BUY IFCI SL 55.20 TGT 57/59
BUY VIDEOCON SL 242 TGT 253/257
BUY IBREAL SL 269 TGT 279/283
BUY GMR INFRA SL 140.90 TGT 144.5/146.5/148.9