Trading Strategies 25th April 2012

• Buy Bajaj Auto Above Rs.1669 with targets of Rs. 1686 keeping a stop of Rs.1662
• Buy Nifty 5300 Call @ Rs.10.60
• Buy Bharti Airtel 320 call @ Rs.0.86
• Buy SBI 2200 call @ Rs.29.25
• Buy Pantaloon Retail with targets of Rs.174 keeping a stop loss of Rs.164.90
• Buy Noida Toll (Hold)
• Buy Jindal Poly at Rs 192 for a target of Rs 207, Stop loss at Rs 187 
   

Trading Strategies For 20th April 2012

The Nifty has a continuous run up since Jan 2012. The markets seem to be positive after the Rate cut announced by the RBI .

With Spot Nifty trading at 5332 we expect Nifty to touch 5446 a continuation of a bull run will be confirmed once nifty closes above 5446 , Resistance Lies at 5500 , a break above 5510 will lead the Nifty towards 5700 and 6100, Therefore levels to keep a track of is 5500 and 5100 .
However, a Break below 5100 will drag the Nifty towards 4900.