Friday, January 14, 2011

NIFTY to correct further

NIFTY was not able to cross 5860 on higher side.Today,keep a STL of 5801 on NIFTY(CMP-5751.5) and short the market for a first target of 5690 and 5639.
1.)TCS (CMP-1125.5) - Sell for a target of 1098 witha STL of 1137.
2.)CAIRN (CMP-343.6) - Sell for a target of 337.5 with a STL of 346.7.

Enjoy !!!
www.derivativestrategy.blogspot.com

No comments: