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30 Aug 2009

Hot day trading Tips | IndiaN Shares | 31 Aug- 04 Sep

Day Trading Tip : Infosys
Infosys has gone past its resistance at Rs 2101 and has shown an intra-week and thus it makes sense to be careful in this stock as it can reverse any time and can fall to the levels of Rs 2100-Rs 2040. As a strategy one can be long in this stock till the time the same remains above 2100 levels which means that stock can target the levels of Rs 2250-2340. High risk traders can hold the stock till 1949 levels which if broken means stock has gone weak.

Researched Indian Stock : SBI
State bank of India is in an indecisive state and one can see stock being in a range namely Rs 1,650 and Rs 1,900 in this period. One can exit this stoc if it falls to the level of 1498.

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