Wednesday, January 11, 2012

Today Indian Stock Market

Day Trading Strategy

Today Share Tips Free Trial Nifty is expected to open flat to positive and it could test between 4780 and 4795 levels. The Break out of 4795 would invite an intraday buying pressure.
We advise: if NIFTY breaks above 4795 go long for the target of 4820/4840 with keeping stop loss of 4730. The lower side, the support for the NIFTY is seen at 4710 and 4680 levels. The Quarterly Results for today are: Amtek India Ltd, IndusInd Bank Ltd and Kale Consultants Ltd etc.

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