Rules to Remeber & Follow ALWAYS

Hello all,

Welcome. The movement and direction clearly tells us that Nifty is trying to find its support. If this move continues, then there might be a problem. If in any case, it closes below 4170, then it might come down to 3900 or more. But the level of 4170 should come within 2 / 3 trading days. That means on or before coming Tuesday, 26th May, 2009. Now let us see how & whre it heads. In other words, we should not carry any longs in any circumstances if it closes below 4170. So be careful & cautious. Trade safely. Happy trading.

Here are some stock(s) to trade for tomorrow i.e. Friday, 22nd May, 2009. Trade with proper & tight SL.

1) Sell SUNPHARMA with the SL of 1328 for the targets of 1250 / 1225 / 1200 & the range is 168 /-

2) Buy BALAJITELE with SL of 48 for the targets of 56 / 61 / 64 & the range is 6 /-

Thanks & Regards

Avinash Raste