Flashback:
Nify triggered short level and went to target1 while divis was up one way. Readers who went long near long level would have made good profit.
Bear Level
Short nifty futre at retracement level of 4255 with stoploss at 4285 for targets 4207, 4180, 4155.
Bull Level
Buy nifty future crossing 4290 on retracement level at 4275 with stoploss for 4250 for targets
4325, 4355, 4375.
Looking Good : SUNTV
SUNTV has taken support at lower channel and looks good to move to higher levels.
For friday trading, buy suntv at around 265 with 256 as stoploss for targets 280, 304, 314.
As the stock may be influenced by today's political scene, readers should do the trade in spot in low quantities to minimize risk.
