Monday, April 26, 2010

For Bulls to go on rampage Nifty should not break 5180/5090 and if broken somehow Bears will have the upperhand.

 Stock View: JP Associates

Nice attempt to breakout from triangle pattern though vols were not convincing, but still stock is looking good and can be bought at current levels . Buy JP Associates at current levels of 156-157 with a stoploss of 150 on closing basis and targets of 165/172/178 in short term.





Stock View: Tata Chem

For very Short term traders: Buy Tatachem at current levels of 340 with a stop of 332 and look for targets of 349/355.
For Short term traders:  Buy Tata chem at current levels of 340 and look for targets of 355/370 with a stop loss of 325 on closing basis





Have a nice trading day

Regards

Ankit

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