Trading Calls:RIy,L,Bank Nifty,Aptech and BF Utility

By | March 13, 2012

Doing Nothing is market is also a Habit traders should develop.

Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes.”

Reliance Industries

RIL made a pullback till 751 which was an important support area and bounced back  sharply. 815 is the strong resistance above which the momentum can go strong .

 

Buy above 803 Tgt 809,815 and 831

Sell below 792 Tgt 784,777 and 770

 

Bank Nifty

Bank Nifty is on verge of Trendline breakout above 10788.Closing above it will take Bank nifty towards the swing high of 11203

Buy above 10651 Tgt 10788,10894,11003 and 11204

Sell below 10517 Tgt 10408,10286 and 10132

 

 

Aptech Limited

Aptech is on verge of doing trendline breakout above 99.3

Buy above 95 Tgt 97,99.3 and 104

Sell below 93 Tgt 91,88 and 85

 

 

B F Utility

 

BF Utility rose with volume as news of Anil Ambani selling stakes came in market. Stock can continue momentum if its able to cross and sustain above 444.

Buy above 439 Tgt 444,454 and 462

 

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