Monday, October 10, 2011

Market today

Global signal showing positive market open today ,nifty open with almost 50 point higher then yesterday around 4935 and try to break 4970 level in intraday but inmy view sell at every rise is better stretagy then buying at current level, yet no positive for long term senrio in market so better to stay away  for investment .

Sell nifty around 4965 with stoploss of 5010 for target of 4800 in week time.

Buy infosys 2500 put at 74 with stoploss of 55 for a target of 300 incoming days.