Wednesday, April 27, 2011

Analysis for 27th April, 2011

Nifty dipped and then made a remarkable comeback the kind of volatility we were talking about in the run up to expiry.

Ashok Ley above 56 stop 55 buy for 60
BPCL target remains 645-665
Bharti target remains 400-415
Ambuja target remains 165
Hindalco all those long remember our targets are 226-234. Increase stop to 216
ICICI Bank above 1126 stop 1115 buy for 1140-1160
Jet slowly inching towards 520
Tata Motor stop 1260 buy above 1270 for 1290-1300
Tata Steel stop 615 buy for 640-665
TVS Motor stop 60 buy for 63-65
JSPL stop 680 buy for 723
JSW Steel stop 970 buy for 1030-1050...989 has been taken out.

Happy Trading!!!

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