Sunday, January 20, 2008

Trade on 21st January'08

SBIN-1M-Fut: If bankex shows weakness and SBIN trading below 2405, Go short with stoploss 2433.25 and profit target 2364, 2353, 2325& 2304. If it shows strength, Go long with stoploss 2348.75 and profit target 2402, 2417, 2430& 2451.
INFOSYSTCH-1M-Fut: If IT-sector continues weakness and INFOSYSTCH trading below 1501, Go short with stoploss 1530.25 and profit target 1475, 1457, 1429& 1404. If it shows strength, Go long with stoploss 1453.75 and profit target 1507, 1528, 1552& 1571.