Monday, April 12, 2010

Daily trading Tips

Market Outlook
In view of mixed global markets, today our market may open flat and move in a range bound manner. If S&P CNX Nifty sustains above 5400 levels with significant volumes pick up, then we may see an up move towards 5450-5480 levels. On downside if it falls below 5320 levels then selling pressure may get intensified in the market and we may see profit booking towards 5280-5250 levels.

BHEL
Execution Price Range                   Stop Loss              Target
Buy Between Rs 2555 To 2570          2535                     2620


INFOSYSTCH
Execution Price Range                   Stop Loss                Target
Buy Between Rs 2665 to 2680          2655                      2715


ABB
Execution Price Range                      Stop Loss              Target
Buy Between Rs 840 to 850                834                      870


The battle for the FIH Hockey World Cup Drag n' drop