Thursday, February 6, 2014
Saturday, March 2, 2013
Short term trading idea : Buy SRF
SRF (Close 185.75) : This stock had made high of 204 on 20.02.2013 and has subsequently made retracement of 38.2% 183.95 on 28.02.2013. Short term risk takers can buy this stock above 186 with strict stop loss of 183.70 for target of 192 and 197.
Index View : Spot Nifty
Nifty Spot (Close 5719.70) : If Nifty trades above 5713 level during first half hour of trading, one can go long for target of 5746,5772 and 5805 and if trades below can come upto 5686, 5653 and 5627.
NIFTY 20 DMA : 5880
NIFTY 50 DMA : 5946
NIFTY 100 DMA : 5844
NIFTY 200 DMA : 5522
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