Tips for 21st June'07

If market changes gear and fans bearish mood.......

1. TATASTEEL : If it breaks 606.00 convincingly, then go short with stop loss 613.10. Keep profit target 599.25, 594.50, 590.25.
2. TVSMOTOR : If it goes below 65.5, then go short with stop loss 66.65. Keep profit target 64.25, 62.25, 61.5.

If market maintain momentum or trade with positive bias.......

1. RELIANCE : If it goes above 1736.25, go long with stop loss 1719.75. Keep profit target of 1747.75, 1777.25, 1794.5. Go for position trading if it crosses 1798.75. Maximize profit by keeping trailing stop loss.
2. AIAENG : Buy AIAENG with stop loss 1584.25 and keep profit target 1648.80, 1685, 1694.90