Tuesday, February 2, 2010

Daily Trading Tips

Market Outlook
Today looking at Global cues Nifty may open positive. Nifty future has a strong
support at 4800 levels if moves below that than selling pressure may get intense in
the market. Till the time sustains Nifty sustains above 4900 levels pull back is
possible and above 4950 Nifty may move towards 5000-5050 levels due to short
covering. But still Nifty below 5000 levels it is vulnerable to any negative news flows
so caution is advised.

TATA MOTORS
Execution Price Range Stop Loss Target
Buy Between Rs 714 to 720 710 731

ESSAROIL
Execution Price Range Stop Loss Target
Buy Between Rs 138 to 141 135 150

UNITECH
Execution Price Range Stop Loss Target
Buy Between Rs 74 to 77 73 80


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