day trader...

TRADING STRATEGY :21th November'07

NIFTY SPOT :
Below 5755..... will take to 5735,5729 level is the crucial support ...if breaks don't hold long position target 5670 level...or sell nifty @ higher level with sl 5824.sell nifty if opens high gap ...(prov data FII SELLS 1800 CRORES IN CASH )...

TOP PICK OF THE DAY ::::

BUY CALL :


IDFC : BUY WITH SL 196.5 WITH TARGET 205, 207 IF CROSSES 207 PANIC BUYING WITH TL 216 LEVEL..(HUGE VOLUME IN CASH )...

ALOK INDS : BUY WITH SL 72, 69 LEVEL ...HOLD

SELL CALL :

BANK INDIA : SELL BELOW 358 TL 351.8 LEVEL WITH SL 363.

JSW STEEL : SELL BELOW 946 TARGET 924.55, IF BREAKS THIS LEVEL TL 905.5 WITH SL 966.

SBIN : SELL BELOW 2260 TL 2228, 2237 LEVEL...

BHEL : BELOW 2620 LEVEL TL 2584,2550 LEVEL .OR SELL @ HIGHER LEVEL WITH SL 2693.

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