Update for 13th April 2011
- Buy havells sl-360 tgt- 378 / 385
- BUY JINDALSAW@184..SL=181.TGT:189-195.
- BUY ZEEL@122…SL=119.TGT:127-133.
- BUY YESBANK@281…SL=277..TGT:288-294.
STOCK INTRADAY TIPS
- We had indicated in the last post that if the gap between the candles of last Friday and Monday is not filled in the subsequent few days, Nifty futures may be forced to test the lower supports.
- Markets rallied hard on the second day of the budget. It seems that the reason for the rally was not the actual budget proposals but those many things which were not in the budget. The rallies in the Asian and western markets following the then correction of oil prices after the spike also helped.
Nifty trend was volatile on budget day and made an intraday high of 5477 and finally lost much of the gain and closed at 5333 with slight gain .
BEST NIFTY TIPS FREE
STOCK INTRADAY TIPS FREE
Buy the share if open above 281.6 or above 285.6 with a stop at 272.5 Sell below268.5 or sell if open below 272.5