Monday, April 12, 2010

Nifty Target almost reached

In the last post had said that nifty has strong support at 5290-5300 and
also had advised long in that area with tgt of 5400, today nifty made
high of around 5370 and long postion have been half booked. if nifty
closes below 5350 today it wll be better to book all nifty long positions.

Also about TV18 had said it was a possible break out above 80, the stock
gave a chance to buy around 80-79 and today reached 84( CMP) i have
booked 25% at 84 rest 25 % will be booked at 85 and remaining positions
will be held for target of 90

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