Wednesday, August 12, 2009

Intraday Trading Tips


Yesterday was a choppy trading session, monsoon worries, H1N1(swine flu) epidemic and unresolved reliance issue.

We are expecting same choppy session today(12 Aug) as well. Market could see much downside in today's session. Small investors would remain cautious , however short sellers would be gainers today.

Supports: 4432 are 4414, 4380, 4347 , 4332 -4327(major support)

Resistance at higher levels: 4516, 4544.

Yesterday's Snapshot :

Intrday Nifty low : 4398

Intrday Nifty high : 4510

Close : 4471

Hot pics : (Intra Day)
  1. Short sell IFCI and buy around 45.90 levels

  2. Buy BALRAMPURCHINI @ 119.65 and sell @122.05

NOTE:
  1. Don't be greedy while trading , STRICT Warning .

  2. Sources http://www.nseindia.com/ and http://www.rajatkbose.com/

  3. These are just predictions , nobody can challenge us.

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