Thursday, August 23, 2007

GO SHORT for INTRADAY

MOMENTUM TRADING

HINDUJATMT: Take bearish position i.e. sell if either it goes upward near 351 with stoploss 367.10 or it goes below 340 with stoploss 351.25. Set profit target 341 in first situation and in other case 330, 326 and 320.

MOSERBAER: Go short if it breaks 260 with stoploss 271.85. Set profit target 250, 245 and 237.75.