Thursday, February 25, 2010

Daily Trading Tips

Market Outlook
In view of flat to positive global markets, today our market may open positive and move in a range bound manner. On upside if it moves above 4930-4950 levels then only a further up move may be seen in the market whereas on downside if it stays below 4820 levels then selling pressure may get intense in the market. Till the time Nifty doesn't move above 4950 or below 4750 levels, no clear direction can be found in the market. Market will be volatile as today we have Feb month F&O expiry.

IVRCLINFRA
Execution Price Range                           Stop Loss                       Target
Buy Between Rs 314 to 319                     311                                 328

CUMMINSIND
Execution Price Range Stop Loss Target
Buy Between Rs 446 to 454 440 470

PUNJLLOYD
Execution Price Range Stop Loss Target
Sell Between Rs 172 to 176 178 165

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