Thursday, February 4, 2010

Nifty may come between 4600-4650

Trading Ideas

  • Negative bias for mid term trading are in stocks like Unitech (Target Rs. 62)Dena Bank (Target Rs. 68)Suzlon (Target Rs. 66)HDIL (Target Rs. 302) & ICICI Bank (Target Rs. 760). Traders maintain stop loss accordingly.
  • Nifty is facing resistance in the range of 4940-4950 since last few trading days, below 4800 levels the probability to test the recent low of 4766 and a range between 4600-4650 is quite high.

Investment Ideas

  • Essel Propack Ltd (EPL): CMP @ Rs. 45

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The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
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