Tips for Tuesday, 22-May-2007
NIFTY(spot):If nifty trades above 4242 ,the target is 4281and 4293.if nifty trades below 4242,short nifty for a target of 4226 and 4205.
RCOM:All targets hit yesterday,above 501,it hit 510.
Today,if it trades above 503,then only buy it for a target of 513 and 516,if trades below 503,short it for a target of 496 and 493.
RELCAPITAL:The support is at 929.
TATAMOTORS : Yesterday asked to short below 730 with a target of 720 and 714.the targets will come today.buy only if it trades above 739.
BHARTI:Yesterday asked to buy above 851 for a target of 862 and 867.yesterdays high is exactly 862,our first target.
Now,today,short bharti at higher level with a stoploss of 867 for a target of 844 and 835.
INFOSYS:It was excellent trade yesterday,Now today,if trades below 1974,the target is 1940.break below 1934,this stock will crack.Buy only if it trades above 1986.
IFCI: if trades below 48.2,short it for a target of 46.6 and 45.buy only if trades above 50.6.
ONGC:Now written yesterday to buy above 925 with a target of 937,yesterday high is 936.8.Now buy only if it trades above 942 for a target of 955.
TCS: If TCS trades below 1245,the target is 1216.anyday,any closing below 1214 will make this stock reach 1185 levels.
SATYAM: 453 and 463,trend deciding levels.
Above 463 if trades,just buy and enjoy the ride. And if trades below 453,the target is 442.below 442,a major crack will come.
SBI:Now,today,short it if trades below 1344 for a target of 1315 and 1301.
TAKE NOTE:
TATATEA:if trades below 824,the target is 814 and 801.
LAXMI MACHINE WORKS:If it trades above 2777,buy with a stoploss of 2724,for a target of 2807,now if trades above 2807,the target is 2870 and 2890.[the day it closes above 2930,it will catch fire],enjoy this and pay our fees easily.
AIR DECCAN:If trades above 141,buy for a target of 151 and 155.short it only if trades below 138 for a target of 131 and 125.