Monday, June 28, 2010

Small dips till 5140 should be used to buy Nifty. Till 5140 holds expect stock specific breakouts to take place on regular basis

Add yahoo id budding _ entrepreneur1987 for intraday support

Nifty View:

 If you are bullish and waiting eagerly to see a new high but not comfortable in buying at current levels of 5300 then you can use the following strategy:

Divide the amount you want to invest in 2 parts.

Invest Part I when Nifty dips to 5200-5220 range (+/- 20 points )

Invest Part II when Nifty dips to 5140-5150

Keep a stoploss of 5000

And wait for 5450/5500 as your targets.




Have a nice trading day

Regards

Ankit

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