Monday, February 22, 2010

NIFTY 50_Short

Initiate Short below 4825 (SL - 4855) Target 4720

If after Budget 4720 gets break, then next Targets >> 4250 / 4010

NIFTY 50_Long

Long Positions should keep SL 4825 for upside Targets of 4920 / 4950 / 5015

If after Budget 5015 gets well sustained, then we can move towards new 2010 High.

BANK NIFTY

One can Stay LONG with SL 8420 for Target of 8865

Short below 8420 for downside Target of 8050

ICICI Bank

Short Below 820 -- Target >> 795

Stay Long keeping SL 820 for upside target >> 865

HDFC Bank

Below 1685

Target >> 1620

If Breaks 1615, then >> 1560

BANG On Target...

22nd Feb Tips given to PAID CLIENTS -- Bang On Targets.

Short Nifty @ 4890 for Target of 4850 -- Target Achieved (Profit of 40 Points)

Buy Feb 5000 PE @ 101 Targets 140 / 150 -- Both Achieved.

Sunday, February 21, 2010

Watch 4916..

If Nifty sustains this level, then we can Go LONG for next stop 5015.

Disclaimer

Trading and Investing in Stock Markets involves risks. Readers are advised to consult their financial advisor. The views expressed here are solely that of the author, who wont be responsible for any gains / loss arising to the readers based on published tips / views.