Monday, June 2, 2008

Power your trade...June 02, 2008

To start with we have almost flat global cues. NIFTY has been stuck in the 4950 - 4800 for the entire last week. Today's trading range in NIFTY will be between 4809 - 5020. 4800 - 4809 is a strong support break of which will lead to panic. Market has to come out of its range and show some direction otherwise it will give us very little opportunities to trade.

INTRADAY CALLS
VIJAYA BANK - CMP 47.95. BUY above 48.2 Target 49.8. SL - 47.8
TATA STEEL - CMP 902.8 BUY above 910 Target 925, 945 SL - 898
SHIPPING CORPORATION OF INDIA (SCI) - CMP 281 BUY Target 291, 298 SL - 274
RCOM - CMP 576 BUY above 584 Target 592, 605 SL - 574


POSITIONAL
TCS - CMP 1039.15 BUY TARGET 1100

1 comment:

aditi said...

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