Friday, May 4, 2012
Nifty Strategy | Intraday Tips Today 4 May 2012
Nifty strategy for today :- Today nifty has weak trend.If NIFTY breaches 5209 and stays above at least 5198 with good volume then NIFTY trend is becoming 'STRONG' and may see 5224 and 5245. If Nifty breaches 5168 and stays below 5179 then NIFTY trend is to be 'WEAK'.Then expected lower targets are 5153 and 5140.
Intraday Tips Today :- Buy GODREJ CP above 569 for target of 575 with stop loss of 559. Buy HUL above 435 for target of 438 with stop loss of 431. Sell itc in opening around 242-243 with stop loss of 246 and target of 238.