Tuesday, February 21, 2012
INTRADAY STOCK TRADING TIPS || NIFTY TREND
INTRADAY CASH TIPS| NIFTY TRADING TIPS
Mid Term Tips :-BUY IRB Infrastructure Developers Ltd.
Med Term Target 225 Stop Loss 198
BUY Larsen & Toubro Ltd.
Med Term Target 1,600 Stop Loss 1,430
FOR SL AND TARGET Of More Tips CLICK HERE
NIFTY TREND TODAY:-Nifty made a high of 3% in last 5 days and close with psoitive end today.The market could attempt to correct its extremely overboght state in the next few days.
Though bullish expiries rarely end badly, but we are seeing exhaustion or selling at higher levels
5600 in the past has proben a strong resistance often and will put pressure in the extreme short term.
If Nifty can holds its head above 5600 then
it might continue to higher targets right away else a wave IV/2/B correction [one of those depending
on your preferred count] could be around the corner.
NIFTY SUPPORT AND RESISTANCE LEVEL FOR TOMORROW 22 Feb:-Nifty has resistance level at 5639 and last resistance level at 5724 and support at 5553 and last support at 5468