Wednesday, April 01, 2009

TRADING LEVELS & INTRADAY RECOMMENDATIONS

TRADING RANGE:

The support for the SENSEX is 9332 and the resistance to the up move is at 9900
NIFTY: (2978) the support for the Nifty is at 2900 and the resistance to the up move is at 3050

Day's trading Ideas -

HDIL
Buy above 79.45 for targets of 80.45 and 81.60
Sell below 75.40 for targets of 73.10 and 72.25

ICICI
Buy above 341 for targets of 346 and 352
Sell below 324 for tergets of 320 and 314

LNT
Buy above 660 for tergets of 668 and 674
Sell below 630 for tergets of 624 and 619


HAPPY TRADE TO ALL ....!!!

Market View 01-04-2009

Good Morning .....!!!

Sensex has managed gained nearly 150 points after a volatile session yesterday. Allthe sectors have Contributed in yesterday's trade. US markets did the same and gained 86 points. Buying came in Bankingand IT stocks . Crude is trading below 50$ a barrel with highinventory report from US as the industries cut the production costs.

Indian markets are expected to gain in the opening trade. As the Global & the Asian sentiment is positive we see markes to be in the positive. Banking and Reality sector are ecpected to do well in todays trade.

SBI, HDFC BANK, AXIS BANK & PNB are our favourites. SUGAR sector the stocksdid well in yesterdays trade and we see today also the run may continue.

*Members those are in profits should book profits in the trade today.

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