Monday, January 11, 2010

Nifty update for 12-01-2010

If Nifty stays above 5260 after opening then first target may be 5282 and if stay above 5282 then second target is 5305.

If Nifty stays below 5238 after opening then first target may be 5216 and stay below 5216 the second target will be 5194

Nifty will get momentum above 5310 and witness selling pressure below 5200.



If Nifty is found range bound after opening the intraday trading can be done at Stock Front.

Stock Front :

Buy Techm above 1041 with stoploss 1032 target 1065
Sell Cumminsin below 438 with stoploss 444 and buy above 443 with stoploss 439
Sell Moserbaer below 90 with stoploss 93 and buy above 93 with stoploss 88
Buy Hcltech above 362 with stoploss 354 and Sell below 354 with stoploss 361.

Trade above stocks according to Nifty’s movement.

Best of luck

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