Monday, January 4, 2010

MARKET OUTLOOK ON 05-01-2010

Nifty expecting a gap up positive opening, and nifty will try to kiss 5288-5292 levels nifty have an intraday support of 5188-5142 levels and hurdles @5300-5312 levels. Metal , IT,Cement stocks witnessing some buying mood, above 5320 mkt will kiss 5400-5450 very soon

Stocks like Educomp, Everonn, Jpassociates, jindalsteel,Punjlloyd will countinue it's momentum, auto stocks seems some weakness trent

Day traders wine

buy aban 1332 sl 1322 tgt 1348
buy drreddy 1142 sl 1128 tBoldgt 1160

Future trends

buy educomp fut@756 sl 742 tgt 778-780 tf 2-3 days

buy jpassociate fut@154 sl 149 tgt 162 tf 2-3 days

buy litl fut@57 sl 54 tgt 62 tf 2-3 days,,,,,,,,

Option traders

buy sail 250 call@8 sl 6 tgt 12

buy punjlloyd 220 call@5 sl 3 tgt 8-10

Short term investers

buy jk tyre@158 sl 142 tgt 185-190

buy pantloon@388 sl 360 tgt 420,,,,

buy kesoramindustries@386 sl 362 tgt 425-430

buy hindoilexploration @304 sl 286 tgt 340

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