Monday, November 5, 2007

Action for 6th November'2007

TRIVENI : If it trades above 132.35, go long with stoploss 129.85 and set profit target 136, 137.80 and 142 for trading intraday. Do position trading, if it goes above 138.5 with stoploss 123.85 and profit target 146, 149.25 and 156.
But, if it trades below 130.75, take short position with stoploss 132.55 and set profit target 128, 125.25 and 120.45.
INFOSYSTCH - 1M - FUTURE : As long it trades above 1850, go long with stoploss 1824.75 and profit target around 1875, 1891 and 1919.
But, if it trades with negative bias and below 1849, go short with stoploss 1862.25 and profit target 1837, 1827 and 1808.