On Friday nifty touched the support level of 2724 level and ralied to close at 2828 level.Now for Monday (19/01/2009).If nifty trades above 2830-2850 level for 15-20 min next hurdle is placed at 2880-2890 level.Nifty need more power to cross this level to reach 2950 level.So,we may not see this level(2950) on monday.Maximum it can flare upto 2880-2890 level.No shorting at that levels too!.
STOCKS
Buy SAIL above 80.50 for target of 88-90 with stoploss 72.50
Buy HCLTECH above 120 for target of 130.50 with stoploss of 109
Sell DLF below 182 for target 166 with stoploss of 209
Join me in yahoo messanger for live tips on nifty for FREE.(ID:balubalu_1576@yahoo.co.in)
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