Thursday, November 5, 2009

Trading ideas for Nov 5th

Dear viewers,

More over global markets turn to +ve. So nifty trade to 4920 slowly. Today gap up opening with 30+ in morning. Nifty trade above 4765 with volumes, will easy to take 4785 and 4820.

Watch below levels

4685/4735 & 4785/4820.

So above 4820-4850, bull will take full strength.

Buy nifty 4735-4750 sl 4720 targets 4765/4785

Sell nifty 4790-4805 sl 4820 targets 4770/4750

Buy RIL above 1930 sl 1920 targets 1950/1965

Sell RIL below 1930 sl 1940 targets 1910/1895

Buy DLF above 375 sl 370 targets 385/390

Sell DLF below 375 sl 380 targets 365/360

Happy trading.