Weekly NIfty Levels and Stock Trading Ideas

By | February 23, 2009

HI All

First of all i would thanks AR for Slum dog Millionaire Fame and the first India to win 2 oscars

Now on markets Nifty is week Below 2660 as shown in charts below and in this exipry week i see nifty in the range from 2720-2860.All asin and Europe are in green on hope that Citi will get capital aid.
Nifty Levels for tomorrow 2700 lies the support Resistance at 2755 -2780-2825

Stocks specific

Poster Boy Reliance support at 1235 and 1217 and resistance at 1277 and 1300

Rel capital Rel infra all can see short covering of 5-7%

SBN position can be taken with a sl of 980 at 1033 -1023 with a tgt of 1050 1066 and 1100

United Spirits positions can be taken at 550 whereas resistnce exsits at 586 and 605

Option call we have taken 2 lots of 2800 CE at 12 on friday and now will trade only in march series

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