Keep Hold Nahar Spinning Mills Ltd touch 100+....

Free Day Trading Tips for Thursday, 19.2.2009.

Overview: Today, Nifty may take support near 2755, 2730, 2710, 2690, 2685 and may face resistance near 2790, 2805, 2820, 2835, 2855. Today Nifty may take support from 2750-2730 support zone on any decline from opening level. A bounce from this support zone will face resistance near 2800-2820. If Nifty fails to cross this level, again it may fall to lower levels.

Stock Tips:

1. RELIANCE : Buy this Stock at lower levels or on declines near 1288, 1285, 1282 on evidence of support and bounce back for Targets of 1300, 1310, 1325. Keep stop loss near 1278.

2. INFOSYS : Buy this Stock at lower levels or on declines near 1170, 1168, 1165 on evidence of support and bounce back for Targets of 1180, 1190, 1210. Keep stop loss at 1158.

Note:- It is always safe to trade in the direction of the Market. Take long positions while the markets are recovering or moving above and take short positions when the markets are falling without signs of recovery. Always follow stop loss levels strictly.
DISCLAIMER: 1. The group owners do not have any interest or positions in the above mentioned Stocks.
2. The Stock Tips and recommendations given in this email news letter is for information purpose only. No representations can be made that the tips given here will be profitable or that they will not result in loss.Trading involves considerable risk. The Tips in our news letter are given with the understanding that readers acting on this information assume all the risks involved and that they are trading at their own risk. The above recommendations are based on the theory of technical analysis and they do not reflect the fundamental validity of the stocks/securities. our Group shall not be responsible for any loss incurred for acting on the tips given above.