Sunday, April 26, 2009

Market Outlook 27-Apr-2007

Bear Level


Short nifty future at 3538 with stoploss at 3560 for targets 3491, 3465, 3435.

Bull Level

Buy nifty future at retracement level of 3425 with stoploss at 3395 for targets 3491, 3530, 3565

RELINFRA running into huge resitance area


Although, relinfra looks fantastic on charts, in case of gap up, it can be shorted at 761 with stoploss at 772 for target 732 for intraday.


In case of subdued opening relinfra can be bought at 728 with 718 as stoploss for target 761.






Have a great trading day.



World Markets (delayed)