NIFTY SUPPORT:-
Nifty take support from 4450-4435 support zone on any decline or gap down opening,
It will recover and starts moving in upward direction.At higher levels,
Nifty fails to move above and stay above 4530-4550 resistance zone,
It may surrender its gains and again it may fall to lower levels.
INTRADAY STOCK:-
INFOSYS :
Buy this stock at lower levels or on declines near 1705, 1695
on evidence of support for targets of 1720, 1730, 1740.
Keep Stop Loss at 1680.
You can also Sell this stock If it fails to move above and stay above 1740 for down side targets of 1715, 1700, 1685.
Keep Stop loss at 1755 for Short Position.
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TARGET ACHIEVED IF YOU BUY AT 1705 PER SHARE YOU EARN MORE THEN 25/-
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Posted by
Dharmik Patwa
Tuesday, June 16, 2009
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