Nifty View 06/01/10
Lot's of interesting happenings going on in the market. Suddenly some stocks are firing up, the reasons are many. Fertilizer sector moving up with budget announcement. RBI announcement on FII's limit on Network 18 made the media shares to have a bump up, on the other side FII buy limit on Maruthi shares came to an end, which made the stock to bend down.
As I said in my previous article, now the market support short term investor and swing traders. Really Metal sector is the one still supporting the index, and currently at the end of the day most of the shares are on OB region. So intra day traders can opt for a short trade in shares like SAIL, TISCO etc. (do this with your own research).
Positional long on RNRL is doing well and it can target 78 shortly. Swing traders can go long in sterlingbio. Even index is not supporting for intraday trade, selective script outperforming the broader market and generating good profits. So it's all left to you to search for those kind of scripts.
Entry and exit level for all the script i had mentioned, will be given only for PAID CLIENTS. So readers of this blog, who takes these script should do a good research before entry. Else you can subscribe to my PAID SERVICE.
Nifty Spot levels for the day:
As I said in my previous article, now the market support short term investor and swing traders. Really Metal sector is the one still supporting the index, and currently at the end of the day most of the shares are on OB region. So intra day traders can opt for a short trade in shares like SAIL, TISCO etc. (do this with your own research).
Positional long on RNRL is doing well and it can target 78 shortly. Swing traders can go long in sterlingbio. Even index is not supporting for intraday trade, selective script outperforming the broader market and generating good profits. So it's all left to you to search for those kind of scripts.
Entry and exit level for all the script i had mentioned, will be given only for PAID CLIENTS. So readers of this blog, who takes these script should do a good research before entry. Else you can subscribe to my PAID SERVICE.
Nifty Spot levels for the day:
5260 - 5291 -5302 - 5327 - 5371
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