Strategy for day traders---
Positive trades are risky but will have to!

UNION BANK

May rise to 275 also. Buy with strict stop loss at 256

ANDHRA BANK

May rise to 121 also. Buy with strict stop loss at 111

TATA STEEL

May fall to 472 also. Sell with strict stop loss at 490

BALRAMCHINI

May rise to 168 also. Buy with strict stop loss at 151

WIPRO

May rise to 650 also. Buy with strict stop loss at 621

PTC

May rise to 112 also. Buy with strict stop loss at 102

PATNI

May rise to 488 also. Buy with strict stop loss at 468

Always keep caution in buying in

negative trend

of the markets and selling in

Positive trend

.

NIFTY FUTURE TRADING ADVICE

PROSPECTS FOR TODAY

No risk is seen above the level of 4818 but below this level it remain weak for 4750 and below also. Strength may be seen in market above 4836 which may take it to 4888 and above also. Volatility may remain high.

BANK NIFTY TRADING ADVICE

PROSPECTS FOR TODAY

No risk is seen above the level of
8650 but below this level it remain weak for
8500 and below also. Strength may be seen above 8700 which may take it to
8900 and above also.
Trend will remain highly volatile.

EXPECTED INDEXES MOVEMENT

BSE---- No risk is seen above 16300 and above 16300 it remain good for 16500 also. Below the level of 16200 it is weak for
16000 and below also. Trend of the index remain volatile.

NSE-----
No risk is seen above the level of
4828 and above this level it remain good for 4900 and above also. Below 4828 it remain weak for 4772 and below also. Trend of the index remain volatile