RESULT'S AND TRADING RECOMENDATION OF FURTHER DAY'S

NIFTY RECOVERED FROM THE DAY'S LOW WITH THE GIFT GIVEN BY THE GOVERNMENT TAX CUT'S MAXIMUM THIS RALLY CAN LAST UPTO 2800 LEVLEL'S. AS TOLD IN THE BELOW BLOG AGAIN 2690 WILL ACT AS AN CRUCIAL SUPPORT 2 CLOSES BELOW IT CAN TAKE NIFTY FUTURE IN THE RANGE OF 2500-2400 IN SHORT TERM AND IF NIFTY SUSTAIN'S TO HOLD ABOVE 2770 CAN TAKE IT TO 3000-3050 LEVLEL'S - SO TRADE WITH LEVEL'S NOT HOPE

TODAY'S RESULT'S
(1) OPENING GAP DOWN AS EXPECTED WE BOOKED OUR STBT NIFTY FUT @2675

(2) EDUCOMP SHORTED ON OPENING DRAGGING DOWN AND DOWN AND CLOSE TO OUR TARGET'S OF 900 LEVEL'S IN SHORT TERM

(3) RANBAXY BUYED IN CASH FOR 5-10% UPSIDE @203 TODAY HIGH 214 (STILL HOLDING)

(4) RELIANCE FUT SHORTED @ 1250 LVL'S(AVG) STILL HOLDING WITH SL OF 1270

TRADING TIP'S FOR COMING DAY'S

SELL ACC FUTURES AROUND 545-550 LVL'S WTH SL 570 FOR TGT 528-516 500 POSITIONAL

{(ALWAY'S TRADE WITH SL}) regard's

NIFTYKING (JOIN US FOR EARNING MORE ON YAHOO MESSENGER)