Wednesday, September 30, 2009

INTRADAY TIPS FOR 30 SEPTEMBER 2009

GOOD MORNING!!!
TODAY IF NIFTY TRADES ABOVE 5020 THEN ONE CAN INITIATE LONGS FOR A TARGET OF 5051 AND THEN 5090 IF NIFTY TRADES ABOVE 5051 THEN YOU CAN SEE NIFTY ABOVE 5100. IF NIFTY TRADES BELOW 4980 THEN 4950 AND TRADING BELOW THIS LEVEL WOULD LEAD NIFTY TO 4926/4906 IF NIFTY CLOSES BELOW 4925 AND 4906 THEN YOU CAN SEE NIFTY TO COME DOWN FURTHER. BUT ANY CLOSE BELOW 4905 IS CONSIDERED TO BE WEAK AND NIFTY MAY SEE NEW LOWS IN THE NEAR FUTURE. TODAY ONE CAN WATCH OUT FOR EDUCATION STOCKS.
BUY TATAPOWER SL 1299 TGT 1340/1347
BUY AXIS BANK SL 923 TGT 934/939
BUY ERA INFRA SL 156 TGT 172/175
BUY EVERONN SL 404 TGT 420/425
BUY CIPLA SL 271 TGT 280/284
POSITIONAL TRADES
BUY ETC NETWORK TGT 200/250*/500*
BUY SINGER INDIA TGT 60*/75*/90*