Monday, June 1, 2009

TRADING DAIRY FOR 02/06/2009

01/06/2009
·        Nifty Has Given Close Above 9 Months High Which Is Also A Breakout For Further Uptrend And Now As Said Markets Are Headed Towards 4650-4800 Levels And Now The Rally Shall Be Very Stock Specific. Hold Longs With Sl 4350
·        The Main Trend Is Up 
  • Now We Will Have Bigger Range To Play From 3700 - 4000 - 4670
  • LEVEL FOR THE DAY
  • TECHNICAL OUTLOOK :
  • Imp Support 4505, Imp Resistance 4560,
  • Likely Trading Range 4475-4585,
  • Trade on long Above 4386 and Vice versa
  • Note :- Please don’t use this levels when gap up or gap down. Also either side band is breached shall show breakout in either direction, and close above / below the intra band shall continue with the same trend for next day and can continue for for BTST OR STBT.
·        DISCLAIMER :

 


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