Thursday, September 6, 2012

INTRADAY TIPS FOR 7 SEP 2012

BUY HDIL FUTURE ABOVE 69 TG 71.40 ,72.90 SL 67.50
SELL INDIACEM FUTURE BELOW 81 TG 79.40, 78.10 SL 82.50
BUY JPASSOCIAT 70 CALL @1 TG 2.2,3.9 SL .30
The call given of INFY  on 4 SEP 2012 has  almost achieved first TG, made a high of 43 today 
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NIFTY OUTLOOK FOR TOMORROW

Index opened lower around 5217 but   trimmed gains in late trade to close at 5238.The levels that we need to monitor for tomorrow  would be the immediate strong supply zone between 5250 and 5280....
when this range is getting breached with large volume based buying expect further upswing. Nifty may  cross the level of 5300.
RESISTANCE: 5250, 5270, 5300
SUPPORT      :5220, 5200, 5170

1 comment:

  1. As per Federal bank technical research report one should go short in this counter. Federal bank is looking quite weak at current level and is expected to fall further. Positional traders can go short in Federal bank from current level for good gains.

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