Live Online Trading News – Trading Tips

2009 April 24

Live Online Trading News

Indian traders had a field day as market moved in positive direction on the strength of strong global cues and expectation of good results from RIL and HDFC. Moreover another reason to cheer in market is that Nifty has closed above its 200 Day moving average after so many days. Thus we can see NSEIndia index Nifty encountering  key resistance at the levels of 3520-3610 and it has firm support at 3270-3150 and these levels can act as supports from where market can bounce back. However as a caution definitely exit if Nifty breaks level of 3249 without asking any questions on the direction of market.

Free online indian stocks trading tips

Buy JSW Steel>347.5,349.9,355,362 sl 339.8

Buy Reliance>1775.1,1785,1795 sl 1768.8 (Trend for Reliance has changed on hopes of higher than market expectation profit in its quarterly results)

Buy LIC Hsg finance>321.1,325,332 sl 316.8

Buy PFC>159.1,161.5,165.8 sl 153.5

Buy Tata Power>865.5,869,879,889 sl 858.8

Buy ACC>651.1,655,659 sl 646.5

Buy Glenmark>203.1,205,207.9 sl 197.8

Buy Wipro
>314.1,318,325 sl 308.8

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