Wednesday, January 5, 2011

NIFTY 6100 to 6181

Yesterday, NIFTY(CMP-6146.35) was not able to cross 6181 on higher side.Banks had taken beating which faulted NIFTYs run toward 6200.Banks may remain under pressure.
1.)ALPHA GEO (CMP-174.9) - Buy for a target of 180-185 with a STL of 166.
2.)RIL (CMP-1077.1) - Buy for a target of 1092 -1100 with a STL of 1060.
3.)UTV SOFTWARE (CMP-591.5) - Buy for a target of 604 with a STL of 578.
4.)AREVA (CMP-343.55) - Buy for a target of 350-355 with a STL of 336.
5.)SHIV-VANI OIL (CMP-397.6) - Buy for a target of 408 with a STL of 392.

ENJOY Trading
(http://www.derivativestrategy.blogspot.com)

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