Thursday, April 9, 2009

Nifty Pivot for 13th April09

----S2-----------S1-------------Pivot-----------R1------------R2----
3256.75-----3299.35------3350.25------3392.85-----3443.75

Trading Signal for Nifty Positional Traders :
Initiate Long position in dip with 50% SL @ 3396 & remaining 50% SL @ 3270

Buy LT at 830-800.
50% SL @774 and remaining 50% @ 765
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Buy ICICIBANK at 376-365.
50% SL @371 and remaining 50% @ 361