Thursday, February 11, 2010

Markets are undecided about where to go... Wait on sidelines for Markets to breakout or breakdown

Nifty View:

The view remains the same as yesterday. 4730 will act as support and 4830/4860 will act as resistance.



Stock View: Adanient

Buy above 490 or on declines to 460 with a stop loss of 430 for targets of 520/550. Need large volumes for breakout




Stock View: ENIL

Buy on a closing above 250 or on declines to 220 with a stop loss of 200 on closing basis for targets of 270/295.


Have a nice trading day

Regards

Ankit

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