Tuesday, November 3, 2009

Trading ideas for Nov 3rd

Dear viewers,

Dow close +ve yesterday with 70 +. So our market will open in moring with gap up +25. If nifty not broken, friday's low 4687 at any session, get fresh long with sl 4680.

But more over results are bad. So we will might see 4600. Wait and watch these level

4680.

 If broken this, then 4600.

Trade above 4735 with volumes, Nifty takes once again 4785 and 4820 levels.

Buy Nifty 4725-4735 sl 4710 targets 4750/4765/4785

Sell Nifty 4690-4700 sl 4715 targets 4675/4660/4650

Buy RIL above 1930 sl 1920 targets 1950/1970

Sell RIL below 1930 sl 1940 targets 1910/1890

Buy DLF above 375 sl 370 targets 385/390

Sell DLF below 370 sl 375 targets 360/350

Happy trading.