[sharetrading] Free Day Trading Calls with Market Review for 6 April 2010

 

Day Trading Calls with Market Review for 6 April 2010

Nifty continues to rally on the upside getting closer and closer to the uptrend line of the ending diagonal. The hourly and the weekly momentum indicators, which are in buy mode, are positive signals for the bulls, whereas, the daily momentum continues to give negative divergence. The breadth has improved for couple of days, but volumes continue to be dry. So, overall, a mixed story tilted in favour of bulls. Also, Sensex is getting closer to the bearish island formed on the upside, which remains a hurdle in the short run. Nifty has a support at 5327 and 5266 at lower levels, and till these levels are held it holds potential to rally more. Hence, we maintain our short-term bias up.

 

 

Nifty Close 5368

Nifty Support 5316-5258-5235

Nifty Resistance 5400-5450-5500

 

1. Buy Kotak Bank 766-767 SL 759.80 TGT 775-783
2. Buy Reliance Capital 781 SL 776 TGT 792-798
3. Buy Siemens 744 SL 738 TGT 752-758
4. Buy Punjlloyd 179 SL 174.90 TGT 184-189

 

--
With Regards,
Kushagra Mehta
http://www.daytrading.in/

__._,_.___

Reply to sender | Reply to group | Reply via web post | Start a New Topic

Messages in this topic (1)

Recent Activity:

• New Members 28
• New Files 1

Visit Your Group

Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!

MARKETPLACE

Do More for Dogs Group. Connect with other dog owners who do more.

---

Welcome to Mom Connection! Share stories, news and more with moms like you.

---

Hobbies & Activities Zone: Find others who share your passions! Explore new interests.

Switch to: Text-Only, Daily Digest • Unsubscribe • Terms of Use

.

__,_._,___