Friday, April 30, 2010

Daily Trading Tips

Market Outlook
Our market continuous to be range bound and may open flat to positive
in the morning session. If S&P CNX Nifty sustains above 5280 levels,
then we may test 5310-5340 levels. On downside if it goes below 5230
levels, then further selling pressure may be experienced and we may
test 5200-5180 levels. Nifty has a strong medium term support around
5160 levels, till the time our market sustains above this level we may
see a positive to range bound move in coming days. If it falls below
5160 levels then only a steep fall may be expected in the market.

POLARIS
Execution Price Range Stop Loss Target
Buy Between Rs 182 To 186 180 192

ICICIBANK
Execution Price Range Stop Loss
Target
Buy Between Rs 940 to 950 930 975

IDBI
Execution Price Range Stop Loss
Target
Buy Between Rs 120 to 123 118
129

No comments:

Post a Comment