which is sell call we recommended last week they can cover the position at 5440 -20 level ( sell call given at 5580-600 )
This week nifty will move between to 5320 - 5580 level .
Traders already have sell position can hold till nifty to reach 5420-40 level . once nifty reaching to 5420-40 , trader can cover sell position. when nifty reaching to 5420 trader can buy and hold till the RBI credit policy day i.e 16th jun-2011 target is 5540-60 keep st+ at 5380 . for inter day trader very risky to trade this week due to narrow range . this week end there is a one more selling opportunity at 5540-60 keep st+ at 5590 target is 5380-20 it may 5180 also.
This week nifty will move between to 5320 - 5580 level .
Traders already have sell position can hold till nifty to reach 5420-40 level . once nifty reaching to 5420-40 , trader can cover sell position. when nifty reaching to 5420 trader can buy and hold till the RBI credit policy day i.e 16th jun-2011 target is 5540-60 keep st+ at 5380 . for inter day trader very risky to trade this week due to narrow range . this week end there is a one more selling opportunity at 5540-60 keep st+ at 5590 target is 5380-20 it may 5180 also.
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