Tuesday, February 9, 2010

Daily Trading Tips

Market Outlook
Yesterday market opened negative but after a selling pressure in early trade later market witnessed buying interest after taking support at 4675 levels, it has shown smart recovery till 4800 levels. If Nifty sustains above 4800 levels then further buying interest may be seen in the market towards 4880-4900 levels. On downside if it falls below 4680 levels, then again selling pressure may get again intense in the market. Short term trend for the market is negative till the time Nifty is below 4900 levels.


BHARTI AIRTEL
Execution Price Range Stop Loss Target
Buy Between Rs 305 to 310 302 319


CIPLA LTD
Execution Price Range Stop Loss Target
Buy Between Rs 314 to 318 311 326

UNIPHOS
Execution Price Range Stop Loss Target
Buy Between Rs 148 to 152 145 160

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