Saturday, February 26, 2011

28/02/2011 View of Nifty

Today is the budget day so we can expect large volatality
Nifty's level for this week will be 5010-5600
for todays level
Support 5263 , 5238 , 5198
Resistance 5328 , 5360 , 5410

Short RCOM at 89.6 with a stop loss of 91.2 for the target of 86.2 , 84 , 81
Short Rpower at 111 with a stop loss of 113.2 for the target of 107 ,  105.4 , 103

Buy Suzlon at 45.5 with a stop loss of 44.6 for the target of 47.5 , 49

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