Nifty Trade for 12-7-10

Nf today again GAp up & tarding near 52week highs & try to hit 5400++.
It might do it today but the big question is wheteher it sustain there or not.As Nf turns into Dis.from Premium.
My View it can hit a new HIGH & turn back as it trades in avery tight range since Morning.

Trades for today:-
Buy Nf @ 5370 Sl-5350 T-5400,5420,5450
Short Nf @ 5410 Sl-5425 T-5390,5370,5350.

Short Term Stock Recomendations.

Buy Hind coper @ 485-490 Sl-450 T-550,580 (Fpo news)
Buy EIL @ 350-345 Sl-325 T-380,395,410 (Fpo News)
Buy Nfl@ 117-120 Sl-100 T-130,138,145 ( Book full profit)
Buy TechMahindra @ 760 Sl-740 T-780,800,830
Buy Tcs @ 752 Sl-732 T-780,800(Book full profit)

Trade as per Pivot trading
Buy Nf@ 5402 Sl-5383 T-5417,5436
Short Nf @ 5382 Sl-5402 T-5368,5349