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Thursday, October 4, 2012

DENIM NIFTY LEVEL FOR 4TH OCT 2012

DENIM NIFTY LEVELS for Oct4 2012.. 

Below is just view based on technical analysis , Levels given are for intraday , Trade as per your own Stoploss..  

NIFTY Spot Will Open Above 5730 Spot... And will touch New High above 5744 

Intraday Nifty expected to Open Above 5730.. And will touch 5744 once 5744 cross it may try to touch 5757.. ..

it may come down from 5757 to  5750 and 5744 ... and  5730 

Nifty may again find hurdle and will trade in  5730 to 5744 and again 5730 to 5723.. till europe opens


After Europe Opening Nifty may Show 5757 again   if Hourly chart hold 5757  instantly it will show 5784 level

Good volume will be seen after 1:30pm



Intraday buying points 5720-23   profit booking point 5757 5784 

5700 Put seen put writing and acting base.. Till 5684 level Hold .. 

Intraday Stocks to watch are


Stocks can be traded for Intraday only 4 October 2012
Scrip
  Trigger    
  Price    
  Stop Loss  
  Target 1  
  Target 2  
ADANIPORTS
BUY ABOVE
130.80
129.65
132.25
134.25

SELL BELOW
128.25
129.40
126.80
124.90
TECHM
BUY ABOVE
1,004.15
995.10
1,015.20
1,030.45

SELL BELOW
984.30
993.15
973.45
958.85


Once target/Sl after trigger price hit  dont enter in new trade...