Monday, October 6, 2008

Buy nifty near 3650 levels for upmove

Although, Market Sentiment is Not Very Encouraging , Still You Can Buy It's Small Qty at Lower levels.

Buy, around 1450 to 1470 , SL, 1430 , Target Looks 50 to 70 Rupees Gain from it's Open Price, Also, Make Your Own Judgment to Trade in this Kind of Choppy Market


Reliance Industries has allotted 12 crore equity shares at Rs.1402 per share on warrant conversion to its promoter Mukesh Ambani.

Sell MARUTI Oct Fut below Rs 682
View: Bearish
Strategy: Short Future
Target 1: Rs 676
Target 2: Rs 671
Stop Loss: Rs 685
Market Lot: 200

Sell KS Oil Oct Fut below Rs 55.25
View: Bearish
Strategy: Short Future
Target 1: Rs 53
Target 2: Rs 51.5
Stop Loss : Rs 56
Market Lot: 2950