Friday, May 8, 2009

Nifty Outlook 08-MAY-2009

Bull Level

Buy nifty future at retracement level of 3654 with stoploss at 3632 for targets 3680, 3710, 3735.

Bear Level

In the scenario of nifty future breaking 3632, sell with stoplos of 3654 for targets 3605, 3585, 3560

Reliance Capital in trouble

For friday trading short reliance capital at 605 with stoploss at 615 for targets 586, 571, 565.

World Markets (delayed)