Thursday, March 3, 2011

04/03/2011 Intraday trading ideas

As said Nifty spot is having Resistance at 5560-5570 level Nifty falls from there if that level is crossed then the Nifty spot's next target will be 5640

Level of Nifty
Support 5512,5484,5460,5433
Resistance 5570,5599,5620,5640

Short Educomp at 465 with a stop loss of 469 for the target of 459 , 453 , 447 ,443

Buy Ranbaxy at 453 with a stop loss of 449 for the target of 459 , 462.5 , 467 , 471

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