Thursday, February 24, 2011

25/02/2011 View of Nifty

Nifty will make a pull back move today
Levels for today's Nifty
Buy Nifty around  5220 with a strict stop loss of 5193 for the target of 5290 , 5330 , 5348
Support 5220 , 5193, 5167
Resistance 5305 , 5332, 5353

Short JSWSteel at 880 with a stop loss of 892 for the target of  852 , 834
Short BEML at 634 with a stop loss of 650 for the target of 619 , 602
Short LITL at 37.2 with a stop loss of  37.8 for the target of 35.7  , 35.1 , 34.3

NAGARJUNA Construction , Syndicate Bank & Tech Mahindra are also week only

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