Thursday, July 8, 2010

Nifty trade for 8-7-10

OOOOO what a gap up to day morning straight 64 points up.
All due to Dow up nearly 3%.
Toady up till Nf holds 5300 & try to cross 5320,if it able to close above 5325 than only take position home other wise book out all your longs & wait for a fresh view.

Trades for today:
Buy Nf @ 5322 Sl 5305 T-5340,5360
Short Nf @ 5300 sl-5325 T-5275,5260

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 (sl hit out of trade)
Buy TechMahindra @ 760 Sl-740 T-780,800,830
Buy Tcs @ 752 Sl-732 T-780,800(Book part @ 775)
Trade as per Pivot trading
Buy Nf@ 5329 Sl-5310 T-5344,5362
Short Nf @ 5210 Sl-5329 T-5295,5277

4 comments:

  1. thanks musti sir...

    "if it able to close above 5325 than only take position home" - this 5325 during closing, are u referring to SPOT of future price sir??

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