Wednesday, August 19, 2009

INTRA DAY trade

Our predictions were not matched for 18th Aug. Trading session started with heavy selling but 17th Aug's low was not breached decisively as a result bulls started buying and the sentiments changed for the day. If NIFTY moves below 4490 and 4474 levels we could see great selling come in. And markets could touch 4380 and 4347. If NIFTY sustains above 4490 region we could 4500- 4520 levels within no time .

Supports : 4450, 4380, 4347, 4332 -4327, 4272 and 4222.
Resistance at higher levels
: 4492, 4500, 4520, 4544 and 4573.

Yesterday's Snapshot :
Intrday Nifty low : 4372.65
Intrday Nifty high : 4491.45
Close : 4458.90

Hot picks
: (Intra Day)

Short Sell IFCI below 51.80 and stop loss above 52.20 TARGET 51.05 .
Buy SATYAMCOMP @ 99.90-100.25 and stop loss @ 99.65 TARGET 101.90 .

NOTE
:
  1. Don't be greedy while trading , STRICT Warning .
  2. Sources http://www.nseindia.com/ .
  3. These are just predictions , nobody can challenge us.

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