Friday, November 20, 2009

Intraday update for 20 th November 2009.

Nifty spot - 4989
Support 4965 /4947 /4930 /4912
Resistance 4999 /5017 /5034 /5052

Buy(in first session only) if opens lows with stop loss 4930 target 4965 /4981 /4999 /5017, avoid later in the day.
Sell Nifty on rise, for Intra day,with stop loss 5035, target 4999 /4981 /4965/4947 ,

Hold for positional 
Sell Nifty on rise stop loss 5115, Target 4875/ 4810 /4745 - till expiry
Buy 4900 PE stop loss full premium, target 100 to 150.

TATA STEEL(537.15)
Sell on rise 541/ 544 stop loss 550 target 537 /532 if trades below 532 then target 517 /506 in coming days.


No comments:

Bullion Quotes