Stock Analysis 18Feb09

Stock Analysis 18Feb09

18.02.09
Overview
2770
Nifty almost retraces more then 162 % from 2970 and today is 3rd day of correction so avoid sale in panic, still trend is corrective( downside ),short can be hold with SL 2840, but care on any ground if nifty close above 2825 then a counter rally may be seen. For accurate label go thr.

Stock Analysis

NIFTY
2770
for subscribers
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+Short open @ 2925

Stock Analysis

Note> if market open low then avoid sale in last hours for intraday
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Stock Analysis

ONGC
677.45
for subscribers
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Stock Analysis
REL
518.90
For intraday safe sale @ 527+ 530 with SL 540 T 515 +508 Or open low can also buy @ 506 with SL 500 for intraday T 519 +523 + 530 ( 3a)
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Stock Analysis
RIL
1268
for intraday safe sale @ 1283 +1290 with SL 1314 T 1252 , if open low avoid sale in last hour / Book partial profit @ 1252 ( 2b)
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Stock Analysis
SBI
1100
For intraday sale @ 1113 + 1119 with SL 1093 below then 1080+ even 1073 also possible/ Position trader hold short with SL 1136 / book partial profit @ 1081 ( 1b)
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Stock Analysis
TISCO
171.65
for subscribers