Tuesday, November 3, 2009

Daily Trading Tips..

Free Trading Tips



LARSEN & TOUBRO
Execution Price Range                            Stop Loss                   Target
Sell Between Rs 1560 to 1575              1585                            1532



MCDOWELL (UNITED SPIRIT)
Execution Price Range                          Stop Loss                        Target
Buy Between Rs 1045 to 1065                  1038                            1090


Market Outlook
On Friday S&P CNX Nifty opened positive taking cues from global markets but later on witnessed heavy  selling pressure in all indices as well as in all heavyweights and finally closed near day’s low levels indicates shorts have dominated their position in the market on higher levels. Result season is over, the trigger ahead would be the global market as well as the fund activities; overall the market trend looks negative at
the moment. Global markets are also negative and this will definitely put pressure on our markets. Technically, 4700 is the key support for nifty if it sustains below this level, then further selling pressure may be seen in the market and Nifty may touch 4600-4550 levels. But for any reason if it moves above 4750 levels then buying
interest may emerge in the market and Nifty may touch 4820-4850 levels.


GRASIM IND
Execution Price Range                           Stop Loss                           Target
Sell Between Rs 2175 to 2195                       2205                         2145


HDIL (Housing Dev & Infra Ltd)
Execution Price Range                        Stop Loss                         Target
Sell Between Rs 310 to 320                325                                      295


KOTAKBANK
Execution Price Range                       Stop Loss                             Target
Sell Between Rs 706 to 718                 724                                        689







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