Thursday, May 19, 2011

20/05/2011 Intraday Trading Ideas

Nifty is playing with in 60 points 5400-5460 for the past 2 days .Today a Pull back is expected which will take nifty to 5480-5515 and in down side if the nifty breaks 5400 it will go up to 5350.

Levels for Today
Support 5410 , 5396 , 5375
Resistance 5444 , 5460 , 5480

Short Hindalco at 193.4 with stop loss of 196 for the target of 189 , 185

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