Thursday, August 4, 2011

05/08/2011 Trading Views

Nifty made a high of 5434 and low of 5323.4 and closed at 5331.8 which is 73 points down from yesterday's close.

Nifty made the move as per our yesterdays post has achieved our target of 5333 , now its time to give cooling period for Nifty so its expected to give a pullback upto 5380 and 5430.

so one can buy Nifty around 5320-5330 with stop loss of 5290 for the target of 5380 and 5425.

Buy VARUN INDUSTRIES at 251 with stop loss of 245 for the target of 259 , 266
Buy Petronet at 168 with stop loss of 165 for the target of 174

No comments:

Post a Comment