Wednesday, April 22, 2009

short term investment


nifty respects supports and resistance levels :::: on monday morning before markets opened ,i wrote here on my blog,that for a deeper correction nifty should close below 3309 and for a rise should close above 3440,,,and mondays high was 3440,,,tuesdays low was 3309,,respecting both levels nifty closed at 3365,almost exactly inbetwwen,nifty on the daily charts produced a doji pattern,suggecting we may have seen the short term low,,markets should resume their upward journey..soon.
some short term investment ideas.
1)bata india 128 tgt 140
2)naga.ferti 23 29
3)chambal fert 47 55
4)bom. dyei 193 216----240
5)sail 109 120----128
6)moser baer 64 73-----81
7)electro therm 150 169
8)tv-18 95 112
9)rnrl 58 66-----73
10)gammon infra 68 80
enjoy the bullride....bjnaik@hotmail.com..9925673239.

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