Thursday, February 25, 2010

Nifty:breakout is anticipated on upside 4930 and Resistance 4805

Dull day

  • After an extremely dull session, finally Nifty ended the day on a flat note with a gain of just one point. The charts say that the triangular consolidation of Nifty is yet to see a breakout on either side. However as the triangle is part of an inverse H & S, breakout is anticipated on upside. 4930 and 4805 are the respective resistance and support levels for the coming session.

Trading Ideas

  • Remain stock specific from current levels.
  • Mid term trading ideas which we like are Spice Jet (Target Rs68),Siemens (Target Rs720)Voltas (Target Rs174) and Unitech (Target Rs76). Traders maintain stop loss accordingly.

Investment Ideas

  • Godawari Power & Ispat (GPIL):CMP @ Rs189 (Target Rs261)

--
Safe Harbor:
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.
 
You received this message because you are subscribed to the Google Groups "Investors Please Listen !" group.
To post to this group, send email to investorspleaselisten@googlegroups.com
To unsubscribe from this group, send email to
investorspleaselisten+unsubscribe@googlegroups.com For more options, visit this group at http://groups.google.com/group/investorspleaselisten?hl=en

No comments:

Blog Archive

Life Insurance | Health Insurance | Auto Insurance


Investors Please Listen !

 
More than 100 kinds of Insurance products from more than
20 companies under one roof.



Call: 9818269396 
investorspleaselisten@in.com
www.investorspleaselisten.blogspot.com

 

 

Safe Harbor:

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.
Powered by Olark
Advertising Learn to Invest