NIFTY perspective for 21th March 2012
NIFTY (5274.84)
20/03/2012
"STOCK TRADING TIPS"
The Effective began out and began to shift up before it gradually drifted back again down, and towards the end of the day recurring the same, ending somewhere in the center of the variety. Today's current cost activity was a vulnerable merging. The Effective is at a crucial point, it is predicted to proceed its down voyage after a stop last night as predicted. However on the intraday period the Effective looks like it could respond up-wards the next day, hence very much in no person's area. Since we have been positioning on to our brief roles since a day before funds we can change our stop-loss to 5301, at the violation of which we should protect our brief roles.
Positional Pick
STERLITEIND (LTP: 113.34) - SELL
For present-day business, brief place can be began only in Rs.117-120 variety for a focus on of Rs.107-105, with a ending centered stop-loss of Rs.121.
Intraday Picks
AXIS BANK (LTP: 1185.2) - SELL
For present-day business, brief place can be began only below Rs.1180 for a focus on of Rs.1150-1130, with a demanding stop-loss of Rs.1194. Investors are recommended to prevent day whipsaw
BANK OF INDIA (LTP: 358.8) - BUY
For present-day business, lengthy place can be began only in Rs.351 -348 variety for a focus on of Rs.364, with a demanding stop-loss of Rs.344.50. Investors are recommended to prevent day whipsaw.
NIFTY (5274.84)
20/03/2012
"STOCK TRADING TIPS"
The Effective began out and began to shift up before it gradually drifted back again down, and towards the end of the day recurring the same, ending somewhere in the center of the variety. Today's current cost activity was a vulnerable merging. The Effective is at a crucial point, it is predicted to proceed its down voyage after a stop last night as predicted. However on the intraday period the Effective looks like it could respond up-wards the next day, hence very much in no person's area. Since we have been positioning on to our brief roles since a day before funds we can change our stop-loss to 5301, at the violation of which we should protect our brief roles.
Positional Pick
STERLITEIND (LTP: 113.34) - SELL
For present-day business, brief place can be began only in Rs.117-120 variety for a focus on of Rs.107-105, with a ending centered stop-loss of Rs.121.
Intraday Picks
AXIS BANK (LTP: 1185.2) - SELL
For present-day business, brief place can be began only below Rs.1180 for a focus on of Rs.1150-1130, with a demanding stop-loss of Rs.1194. Investors are recommended to prevent day whipsaw
BANK OF INDIA (LTP: 358.8) - BUY
For present-day business, lengthy place can be began only in Rs.351 -348 variety for a focus on of Rs.364, with a demanding stop-loss of Rs.344.50. Investors are recommended to prevent day whipsaw.
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