Stock Market Today 24 November 2009 - Trading Nifty, Bank Nifty and Stocks

RECAP

Both nifty and sterlite did not trigger trading levels yesterday.

But Bank nifty gave a beautiful short oppurtunity right at opening bell

and fell to PIVOT level, a neat profit of more than 120 points per lot.

NIFTY

Long Level

Buy nifty future at 5050 with stop loss of 5020 for target 5100, 5135, 5170

Short Level

Short .nifty future at 5170 with 5200 as stop loss for targets 5125, 5100, 5070

HDIL

HDIL future breaking 336, short on retracement to 340 with 344 as stop loss for targets 328, 318.

Bank Nifty trading levels

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.