- POLARIS (207) : Buy the stock with a stop loss of 204-201for a target of 215 – 230.
- MOSER BAER ( 47.65):- Buy the stock with stop loss of 45 for a target of 51 – 56 – 60
Tuesday, April 26, 2011
Stock Trading CAll 27 04 2011
Stock To trade 27 04 2011
- Crompton Greaves 280.70 NR7 pattern Crompton Greaves from 3 days. Buy above 282.50, Sell below 278.
Nifty locked in a small range (5800 5900).
Today Nifty opened at 5876 and moved down to 5792 then it consolidated for 2 hours and touched low at 5791 then it move up and touched its day high at 5893 and then came back to its day open and closed at 5864.
A breakout or breakdown is about to come since Nifty is locked in a narrow range (5800-5900) from last 3 days.
Trend:- Nifty is trading above to its 200 and 50 days MA.
Level:- Looking for support at 5800. Resistance comes at 5900.
TA Insync (55-5) is in downtrend. It is moving down at -2.47. This suggests that Nifty may move down also.
Nifty is inside a tight trading range. For position trader buying is suggested above 5900 with a stop of 5800.
A breakout or breakdown is about to come since Nifty is locked in a narrow range (5800-5900) from last 3 days.
Trend:- Nifty is trading above to its 200 and 50 days MA.
Level:- Looking for support at 5800. Resistance comes at 5900.
TA Insync (55-5) is in downtrend. It is moving down at -2.47. This suggests that Nifty may move down also.
Nifty is inside a tight trading range. For position trader buying is suggested above 5900 with a stop of 5800.
Subscribe to:
Comments (Atom)