Sunday, April 11, 2010

Ideas for the week


Nifty is going into the tenth week after closing in positive for the last nine weeks. On daily charts divergence is still there. As we go higher the risk also gets higher.
Its liquidity driven market so watch your steps.
keep your volumes low, follow stops and be quick to book profit.
For short term traders Nifty has supports at 5300-5320.

Some of the ideas for the week are :

Jai corp : Support 275 , resistance 315

Godrej properties : Support 520 , resistance 560


GSPL : Support 90 , resistance 104

Trade less, trade well and have fun




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