Tuesday, July 6, 2010

Nifty Trade for 6-7-10

Good Morning Friends today morning inspite of bad global cues Nf open positivly & trading again in the same range as of Yesterday & try hard to give out a break out of this range on Upside.
Presently I am bullish over this senerio but taking a long call only above 5285 if it sustain above it.
If Nf closes 2 days above 5315-20 than only we can see 5400++ in this series otherwise it is very hard to break the present high of 5367.

Trades for today
Buy Nf @ 5240 Sl-5225 T-5260,5280,5300
Short Nf @ 5275 Sl-5290 T-5260,5240,5220.

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 part profit @ 125-127)
Buy Agro tech @ 305 Sl-290 T-340
Buy TechMahindra @ 760 Sl-740 T-780,800,830
Buy Tcs @ 752 Sl-732 T-780,800

Trade as per Pivot trading
Buy Nf@ 5256.5 Sl-5238 T-5271,5290
Short Nf @ 5237 Sl-5256 T-5222,5204

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