Sunday, May 31, 2009

Nifty Outlook 01-June-2009

For Monday Trading

Bull Level


Buy nifty future at retracement level of 4395 with stoploss at 4370 for targets 4440, 4480, 4510.


Bear Level

Short nifty future at 4515 with stoploss at 4535 for targets 4480, 4440, 4395.


Looking Good : APIL


After closing above a series of resistances, APIL looks good for a breakout on monday. For monday trading, buy APIL at retracement level of 466 with 453 as stoploss for targets 488, 500, 520.


World Markets (delayed)