31 march 2009

Do not Buy if the Stock Trades below Stop loss level


Do not Sell if the Stock Trades above Stop loss level


Always use Stop Loss.


Nifty Future ( Intra Day )


For the month of April 2009 Nifty may take support at 2943...2966 Zone and face selling at 3147 and 3241 level.


Futures and Options traders may plan their activity accordingly.


Close below 3081 may favour bear only


For today's trading NF may take support at 2950..2920 zone.


Upper side it may face selling at 3011.3033 zone.


Expected swing for today's trading is 2920..3033


Stocks for Day Traders


PIVOT TABLE FOR TRADING NIFTY AND NIFTY STOCKS 31.03.2009


If trades above Pivot Point then Pivot turns Support level. If trades below Pivot Point the Pivot turns Resistance level


STOCK
SUPPORT-2
SUPPORT-1
PIVOT
RESISTANCE-1
RESISTANCE-2


NIFTY
2913.30
2950.80
3008.80
3046.30
3104.30


NIFTY 2900 CALL
121.10
151.20
200.60
230.70
280.10


NIFTY 2900 PUT
58.40
76.20
87.60
105.40
116.80


NIFTY 3000 CALL
76.60
99.20
135.60
158.20
194.60


NIFTY 3000 PUT
90.10
117.70
135.70
163.30
181.30


BHARTIARTL
567.80
588.80
603.60
624.60
639.40


BHEL
1412.60
1442.60
1491.30
1521.30
1570.00


DLF
153.10
159.30
169.50
175.70
185.90


INFOSYSTCH
1235.30
1268.40
1298.70
1331.80
1362.10


NTPC
160.90
172.30
178.90
190.30
196.90


ONGC
746.60
764.60
787.20
805.20
827.80


RELIANCE
1475.50
1496.00
1515.50
1536.00
1555.50


RCOM
157.50
162.80
171.40
176.70
185.30


SBIN
946.80
984.60
1051.80
1089.60
1156.80


TCS
485.10
504.20
537.10
556.20
589.10


Above calculations are based on NSE trading data on 30.03.2009.