Wednesday, June 23, 2010

Nifty Trade for 23-6-10

Toady Nf agin Gap down due to Dow fall nearly 1%.
Nf at present trading near yesterday low expecting to move more down near to my 5260 Expiry level tomorrow.
My sugestion for Expiry buy 5300Pe @ 15-20 sl-0 T-40
Investment 1000 Rs. profit 1000 Rs. Loss 1000 Rs.
Take decision as per ur risk appetite.

Tardes for today:-
Buy Nf@ 5255 SL-5240 T-5280,5300,5320
Short Nf @ 5325 sl-5340 T-5300,5280,5260

Trades as per Pivot Trading:


Nifty- Buy above 5311 T-5326,5344 SL-5293
Short Below 5293 T-5277,5258 Sl-5310

Sbi-Buy above-2352 T-2363, 2375 Sl- 2340.
Short below:-2340 T-2329,2305 Sl-2352

Icici Bank-Buy above-892 T-899,907 Sl-885
Short below-885 T-878,870 sl-892

Reliance-Buy above -1073 T-1080,1088 Sl-1064
Short below-1064 T-1056,1048 SL--1072

L&T-Buy above-1806 T-1815,1826 Sl-1795
Short below-1795 T-1785,1775 SL-1806

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