Sunday, July 8, 2012

Technical View on Cipla.!!!

Hi Friends,Cipla has come on such a point @330 where from it can go either ways i.e. We can trade it both ways as per below chart buy above 330 sl 320 trgt 340-350 or sell below 330 sl 340 trgt 320-310. Kindly follow strict stop loss and book profit where ever you feel.Happy & Safe Trading.ENJOY.




CIPLA is ready to give upside breakout.it just need support of good volume & conducive market condition,However it can be traded both sides but turning point closing above or below 330.Buy above 330 sl 320 trgt 340-50 or sell below 330 sl 340 trgt 320-10.

Monday, July 2, 2012

Between Support.....and........Resistance.!!!

Few Indicators on nifty charts indicate that some more steam is left and that can lead nifty towards a gap up opening on monday where it ll be among many hurdles. To cross these hurdles would not be an easy task major hurdle ll be 5400 levels, crossing this convincingly 5600 would be next target.But i would like to short nifty positionally after gap up opening or any upmove during the day with sl of 5400.
 
BUY BHARTI ARTL 300-305 SL 295 TRGT 320.
 
BUY IDEA 74-75 SL 73 TRGT 80.
 
ACCUMULATE RUCHISOYA ON DIPS SL78 TRGT 110.
 
NOTE:-Kindly book profit whenever you feel like & maintain strict stop loss.Happy & Safe Trading.ENJOY.