Thursday, June 17, 2010

Nifty trade for 17-6-10

Good morning friends.Today Nift open in positive but soon come into neagative.
My views for today are same of last two days.
Nifty should correct atleast 50 odd points from here near to 5170-80 levels,lets see when it occurs.

Trades for today:-
Buy Nf @ 5170 SL-5150 T-5200,5220,5230
Short Nf @ 5230 SL-5255 T-5210,5190,5170

Short Term stock recomendations:-


Buy Maruti on dips near to 1310-1320 SL-1270 T-1400,1450
Buy Ril on dips near to 1040-1050 Sl-1000 T-1100,1150
Buy Tech mahindra @ 725 Sl-690 T-760,780,800
Buy Ifci @ 54 Sl-49 T-58,60,64
Buy Mcleorussel @180 Sl-174 T-195,210,220.
I added few more
Buy Hind Coper @ 515 SL-500 T-525,545,570 (hold for 1 week)
Sl hit but holding as I am cofident of better returns)
Buy Tata Motors @ 780 SL-760 T-800,820

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