Tuesday, October 16, 2007

Action for 17th October'2007

HOTELEELA : Go short with this future of near month with stoploss 48.40 and set profit target 46.50, 45.50 and 44.35
HINDUJATMT : Ad long as it stays below 444.25, take bearish view and go short with stoploss 449.15 and set profit target 437, 432 and 425. May go for position trading if it breaks 432 convincingly with stoploss 456 and profit target 410.
INFOSYSTCH : If it breaks 1850, go for shorting this future with stoploss 1965.15 and set profit target 1822, 1806 and 1798. If tread stays below 1840, then go for position trading with stoploss 1905.25 and profit target 1753.