July 25, 2010

TRADING STATEGY OF 26th JULY

 


 NF (5443) - So now 5421 - 5410 becomes support. Above 5467 going to attack 5492 - 5526. Below 5410, next downside 
level 5360-5345 remain same.



BANK INDIA - POSITIONAL



BANKINDIA (402) - Timebeing topped out at 402, expect minimum correction 380_375. But two close above 403, take it to 470 & 496.






ABAN - POSITIONAL    
  
ABAN (840) - If not break and trade below 832, expect upmove starts from here and once clear the 860 hurdle, then move to 912 or even 929-940. But below 832 expect 815 and after that 792.

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