8/10/2009

NIFTY


BEST STRATEGY FOR THIS MONTH (AUGUST2009),
GO LONG IN NIFTY AROUND 4420-4390 LEVEL WITH STOP LOSS OF 4330-4280 & TARGET 4850

TODAY BUY NIFTY AROUND 4420 LEVEL FOR A SHORT-TERM TARGET OF 4500 - 4700 - 4850 - 5075 (STOP LOSS 4330)

NIFTY CORRECTION may end by TOMORROW 1-2 pm, thereby one-side move starts.

8:20am
Trade towards the trend, so TODAY buy on DIPS @ 4410-4390 level. Target 4550 (4700-4850 short term).SL 4350

I believe this month NIFTY won't go below 4450-4380.


Posted by Kumaraguru at 00:37

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