Monday, April 6, 2009

Where will Nifty go NOW?

What Experts Say and what meaning I take from it !!!


11:55 AM - Buy Reliance Power on dips at Rs 90, says Rajesh Tambe of Sunchan Securities on Zee Business.

BOOK PROFIT TODAY BECAUSE IT WILL COME DOWN NOW

12:18 PM
- Buy Mercator Lines on dips at Rs 27-28 with long-term view, says Prakash Gaba, technical analyst, on CNBC Awaaz.

BOOK PROFIT TODAY BECAUSE IT WILL COME DOWN NOW


2:16 PM
- Sell Nifty T-3170 SL@ 3320, Hemen Kapadia

DO NOT BUY FRESH NIFTY LONG AND EXIT LONG AT 3170

2:28 PM-Buy RIL T-1722 SL@1662, Hemen Kapadia…. Hit SL but closed @1671
BECAUSE RIL HAS HIT SL(BUY) TODAY SO BOOK PROFIT IN RIL AND SHORT SELL BELOW 1650


2:42PM
-Buy SBI T-1194 SL@1134, Hemen Kapadia….. Closed below SL !!!

EXIT SBI LONG POSITIONS


3:17 PM
- Buy Nifty futures with a target of 3450 and stop loss of 3150, says Ashwani
Gujral
HOLD SHORT/FRESH-SHORT NIFTY BELOW 3150

3:21 PM - Sell Nifty futures with a target of 3170 and stop loss of 3290, says Prakash Gaba
EXIT NIFTY LONG POSITIONS BELOW 3170

3:23 PM - Hold Nifty longs, it has resistance at 3330 and support at 3220, says Rahul Mohindar
EXIT NIFTY LONG BELOW 3220

3:25 PM - Hold existing long positions with target of 3275 and stop loss of 3215, says Vijay Bhambwani
EXIT NIFTY LONG BELOW 3215


The conclusion seems to be Hold Nifty shorts created today with SL@3275 and add more shorts below 3170


This is only for educational purpose,
this is NOT a trading idea for intraday or delivery

Do Paper Trading before you start trading
with your hard earned money


No comments: