Sunday, May 10, 2009

11/05/2009 mkt view

Now for the nifty 3580 will be a rock solid support breaking this support at closing level will lead the market to 3500/3450 level, and at the upper side 3720 closing levle is quite crusial for the market, closing above this will lead to 3800/3850 level in a couple of days

tomorrow indian market opening will more depend on how asian market react than this US market nifty is showing great pressure at high level as well as majority of nifty-fifty scipe also. For tomorrwo one can short CAIRN INDIA with 225 strict stop loss for the target below Rs. 220 at the same time one can buy BPCL with 355 strict stop loss for the target of 365+ for both the scripe keep strict stop loss.

DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY

No comments:

FEEDJIT Live Traffic Map