Positional/intraday Trading Tips

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NIFTY(spot):If nifty trades below 4116,the target is 4100 and 4092.if nifty breaks and trades below 4092,keep your shorts open,the target is 4078.Anyday any closing or trading below 4078 now,will take nifty to 4006 and 3976.If trades above 4163,the target is 4173 and 4183.

RCOM:if it trades below 486,short it for a target of 474 and 469,if trades below 469,the target is 460.Now anyday,if it trades or closes below 460,the target is 444.

RELCAPITAL:if trades below 810,short it for a target of 790 and 780.if trades above 811,remain long for 824.

TATAMOTORS:if trades below 712,the target is 701 and 691.buy only if it trades above 726.

INFOSYS:if trades below 2001,the target is 1961,if trades or closes below 1961,remain short,major break down will happen.if trades above 2014,then only buy for a target of 2040.

IFCI: if trades below 47.2,short it for a target of 46.2 and 44.9.buy only if trades above 49.5.

ONGC:if it trades above 909,buy for a target of 917 and 924.if trades below 900,short it for a target of 892 and 881.

BHARTI:if trades below 819,the target is 812 and 804.buy only if it trades above 838.till then short it.

TCS:if it trades below 1241,keep shorting and remain short.the target is 1217 and 1207 in 2-3 days.

SBI:if trades below 1205,the target is 1175.
 
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