Nifty Trades for 5-feb-2010

Good Morning Friends
Ready for special Saturday session.
Today I think Nifty might attempt to go above its yesterday resistance levels of 4760.
creating short at such a huge oversold condition might be very Risky.
In my View today Market may be buy on dips only.
Yesterday I missed the rally & entering level of 4690.
Trades for today
Buy Nf@ 4710-4725 Sl-4680 T-4750,4790,4820,4850 &&&&&&&&more upside.
Short Nf below 4680 with strict sl of 4720 T-4640,4600.



A strong support lies @ 4640 level so one can Buy there also Positionally.
My open position
Bought Nf 5000Ce @ 24
Bought Nf 4900Ce @ 32
Bought Nf 5100Ce @ 13
Bought Nf 5100CE @ 55
Bought Nf 5000CE @ 67.5


Short term Stock Recommendation
Bought Dish tv @40 T-65,80
Bought Spice Jet @54 T-80,120
Bought Petronet @74 T-90,120
Bought Uco @60 T-75,90
Bought Suzlon @70.5 T-92,97
Bought Satyam comp. @94 T-120,160,180 ( Six Months Target)
Buy Shree Ashtha @20 T-35,50 (buy only in deeps)
Hold all these scripts for 3 months


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