Monday, March 21, 2011

22/03/2011 Intraday Trading Ideas

Short term trend for NIFTY is Bearish only until it crosses 5430 , now the level for NIFTY will be 5300-5430

Todays level for NIFTY

Support 5350 , 5330 , 5315 , 5300
Resistance 5380 , 5410 , 5430

Short NTPC at 173.9 with a stop loss of 175.2 for the target of 172.2 ,170
Short RPOWER at 121.5 with a stop loss of 123.2 for the target of 118.25 , 116.25 , 114
Short CESC at 299.7 with a stop loss of 302.5 for the target of 295 , 292, 287

Buy ANDHRABANK at 138.6 with a stop loss of 136.5 for the target of 142 , 144 ,146

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