Nifty today open in the same area as it close Yesterday,the difrence is it is in premium of 9 point yesterday but today a dis. of 5 points. Toady a major event of Reliance agm @ 11 which can pull market upward very fast if some positive news given by them.
But in my opinion market always do the oposite we may fall today after Ril Agm,lets see whats unfold after 11.3.
Trades for today:
Buy Nf@ 5240 Sl-5210 T -5260,5280,5320
Short Nf @ 5320 SL-5350 T-5290,5260,5200.
Short Term stock recomendations:-
Buy Maruti on dips near to 1310-1320 SL-1270 T-1400,1450 (Hit-1380)
Buy Ril on dips near to 1040-1050 Sl-1000 T-1100,1150 (Hit-1090)
Buy Tech mahindra @ 725 Sl-690 T-760,780,800 (Hit-755)
Buy Ifci @ 54 Sl-49 T-58,60,64
Buy Mcleorussel @180 Sl-174 T-195,210,220.(Hit-188)
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)
again @ 518
Buy Tata Motors @ 780 SL-760 T-800,820 (Hit-808)
Short Nf @ 5295 SL-5302 T-5280,5270
ReplyDeleteNifty 5 min chart clearly Gives some negative divergence It must fall at least to 5270 now
ReplyDeleteor may go more below it.
Raise my sl to 5295
ReplyDeleteAs Ril Agm @ 11
not want to loose
Book some tata motors @ 801 Holding reaiming for 820
ReplyDelete