Free Intraday Stock Tips

stock tips for 24 April 2009

US markets ended flat after a volatile section.
Europe ended flat to negative.
Asia is trading flat.
Expect Indian Markets to open flat to negative.
The support for the Sensex is 10700 and the resistance to the up move is at 11255-11639
Nifty: (3424) the support for the Nifty is at 3303 and the resistance to the up move is at 3451-3734

IT, metal lead Sensex gains, RPL Q4 net at Rs 84 cr, turnover at Rs 3,678 cr,
Bajaj Hindustan to raise Rs 1,500 cr from overseas,
Two Anil Ambani firms to announce FY 09 results on April 30
Geojit becomes Geojit BNP Paribas

NIFTY FUTURE
BUY ABOVE 3447 TARGET 3493-3514-3534
SELL BELOW 3396 TARGET 3368-3350-3326

NIFTY FOR INTRADAY :
Yesterday nifty showed good bounce back and close exactly as per our 2nd buy target. Now, nifty may make double top formation at 3514. now only sell nifty below 3396 for intraday only. For today remain neutral in mkt dont take any side’s long position. Next week is the last week for F&O. Volatility will be increase so, trade in small qty with strict SL.

-Always Remember, put SL in your every trade.
-When 1st Target achieved book 50% profit and move your SL to buy or sell price, when 2nd target achieved book 25% profit and move your SL to 1st target like that trail the SL.

VOLTAMP (Short term delivery call)
Around 430-434
Target 448-475
Stoploss 420
In 1-2 days

Ashok Leyland
Buy above 23.10 for targets of 24.25 and 25.10
Sell below 20.20 for targets of 19.50 and 18.90

Wipro
Buy above 316 for targets of 320 and 324
Sell below 305 for targets of 301 and 295

LNT
Buy above 872 for targets of 876 and 881
Sell below 861 for targets of 855 and 851

Tags: day trading calls, Intraday, nifty signals

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