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Monday, February 7, 2011

Stock Tips Intraday Trading

4700 IS NOT SO LONG NOW
Nifty future index close at 5380, that is a crucial support level on daily nifty chart, the index may show some strength at this level, or can take reversal too, but still chance to negative is their, the trader can book 50% profit here, and if the index take reversal form here than we have some chance to go short again at the level of 5520-5570 with the stop loss of 5730 for the target 4780. but the budget will come in 25-40 days so, some uncertainty will start from now and nifty may taste the 4780 level in prior. so watch out the level, and go short at weekly high not this time. 

AUTO
TATA MOTORS:  Maintain short position.  Price projection of   1141 has been reached. Stop at   1203. Downward trend shows some strength with today's close below the lower pivot band. The CCI is below -100. This security is oversold at this time.

NIFTY FUTURE
Nifty Future Closing : 5387
Watch carefully today's nifty magical figure... 5410
Buy Nifty Future above magical figure for upside
First target...   5432 and above it
Second target...    5476
and crosses over both it will come...    5520
Sell Nifty Future, if Nifty is running below magical figure then your downside
First target...    5356 
Second target... 5330
Third target... 5297

 BANK NIFTY FUTURE
(Closing - 10422)
Today's magical figure...10470
Buy it above magical figure upside
First target ... 10520 Second target ... 10610
Third target...    10700
Sell it if running below Magical figure for downside:
First target ...10360
Second target...10300
Third target ... 10240

SBI FUTURE
(Closing - 2637)
Today's magical figure... 2640
Buy it above magical figure upside targets
First target ... 2667
Second target ... 2696
Third target ... 2716
Sell it running below Magical figure for downside:
First arget ... 2604
Second target ...2571
Third target ... 2550

SENSEX
(Closing - 18008)
Today's Sensex magical figure... 18080
Above magical figure upside targets ,
First target ... 18150
Second target...18282
Third target ... 18414
Sensex Running Below Magical Figure,
First target ....   17195
Second Target ... 17836
Third target ...17744

RELIANCE FUTURE
(Closing - 919)
Today's magical figure... 921
Buy it above magical figure upside
First target ... 933
Second target ... 948
Third target ... 960
Sell it running below Magical figure for downside:
First target ...909
Second target ...899
Third target ... 883

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