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Thursday, June 16, 2011

Intraday trading tips for Today 16 june

BUY Tata steel Ltd. above 563.20
Target:T1: 565.60, T2:567.30
Stoploss: 560.00

Future trading tips

BUY Nifty future above 5470 (June 2011)
Target:T1: 5584, T2:5586
Stoploss:5550

Options strategies for tomorrow:

BUY IFCI Option Call @ 50 above 1.05
Target:T1: 1.19, T2:1.30
StopLoss:.84

On the call options front addition of open interes was witnessed in
last trading session at strike price of 5600 and 5700.
On the put options front we have seen addition of open interest in
last trading session at strike price of 5400 to 5300.

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