Monday, September 02, 2013

" You can't cross the sea merely by standing and staring at the water" -- Rabindranath Tagore.

Hi All, 

Hope you all have booked good profit in Cipla, given at 401, its trading at 422. If you have not booked your profit then one should exit around 419. Keep long in Axisbank as advised earlier, one can place a trailing stop loss around 833.00. 

Also, one can go long in JP Associate with a stop loss at 33.10. 

confuse, nifty, sensex, future, call, stock

As i mentioned previous day, Nifty has resistance at 20 day EMA. Which is 5514, so today is crucial, if it close above 5514 then one can go long for the target of 5602 else again it can go down to 5400. 


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