NIFTY VIEWS :-
(Nifty spot again reflecting the global trend. Rally made on past two days is equalised. So, Keep booking profits and for longs keep strict stoploss. Nifty spot have strong supports near 5238 - 5246 range. If nifty opens below these levels keep very low positions. Nifty is trading in the channel, So atmost a climax is on the way near, watch closely.)
(Nifty fut forming a bearish harami type of candle indicating a negative market (How ever nifty trading in channel and sideways has negated pervious formation of candles so we can expect some success this time ). Concentrate on non-index stocks like IFCI, IDBI, DLF, HDIL which is gaining continously.)
BUY NIFTY ABV 5257 SL.5240 TGT 5268 5276 5294
SHORT BLW 5257 SL.5268 TGT 5242 5233 5226 5204
TATA STEEL
BUY ABV 477 SL.471 TGT 480 485 492
SHORT BLW 477 SL.481 TGT 474 471 467
DLF
BUY ABV 280.5 SL.275 TGT 282 285 287
SHORT BLW 280 SL.283 TGT 278 276
HDIL
BUY ABV 244 SL.239 TGT 247 249 252
SHORT BLW 244 SL.242 239 237
IFCI
BUY ABV 58 SL.56 TGT 59 61
TATA MOTORS
BUY ABV 756.5 SL.747 TGT 763 769
SHORT BLW 756 SL.761 750 743 739
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