Talk.ohostock.com

Hello friends as we all can see Nifty is looking very weak at 4952 level some times ago around 5100 level after a long wait of break out and or break down it gives us break down under 5030. As we all know it is December month of christmas and month of correction too as I see from last three years so I think it is better to be on short side in my opinion at this time of period or use only wait and watch strategy. If you want to short nifty then use stop loss of 5020 and try to short around 5000 to 4980 for the target of 4850-4800 here you can cover your short and go long in Nifty with stop loss of 4780 if Nifty not support 4780 then again go short with the same stop loss of 4780 and we may see level of 4550-4450.

If Nifty Break 4780 then I am also looking for good trading returns in stock futures too My first choice is Gtlinfra and second one Nagarjuna Fert. In Gtlinfra am bullish level around 26-28 for the target of 48 and 60, In Nagarjuna I will Buy around 24-26 for the target of 46. All target can be achieved in 6 months but we also use rates for intraday trading. You can under stand what I mean if you watch these stocks very closely.

In cash
Reliance
Sbi
Unitech
Suzlon
Gvkpil
Ifci
LloydSteel
nandan
cybermat
Hcc
Jp associates
Punjlloyd
and Ptc but not now at this level after a good correction.

Warring : - All these data is only for information purpose please ask your financial advisor before investing or trading these stocks.