Monday, March 14, 2011

15/03/2011 Intraday Trading Ideas

Nifty Spot will again make a attempt to cross 5600 and it needs a closing above 5555 to make a further up move 5600-5650 will act as a great resistance and in down side 5380 will act as a great support.

Levels for today

Support 5505 , 5480 , 5450 , 5428

Resistance 5555 , 5583 , 5610 , 5634

Buy TATAPOWER at 1230 with a stop loss of 1218 for the target of 1249 , 1265 , 1277
Buy CAIRN at 342 with a stop loss of 339 for the target of 346 , 349.5 , 356
Buy ITC at 171.75 with a stop loss of 169.8 for the target of 174.25 , 176 ,179

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