Sunday, June 14, 2009

Nifty Outlook 15-June-2009

Bear Level


Short nifty future at retracement level of 4625 with stoploss at 4650 for targets 4570, 4540, 4520, 4485


Bull Level


Buy Nifty at 4475 with stoploss at 4465 for targets 4520, 4540, 4570, 4620.


Bear Pleasure - HDIL



For monday trading short HDIL at 266 with stoploss at 270 for targets 256, 248, 244.


Positional traders can hold the short with same stoploss for targets 235 and 215 (In case the trade goes well, i shall update stoploss everyday).




"Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics" - W D Gann

World Markets (delayed)