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22 Nov 2009

Indian stock market Tips | Day Trading Tips | ONGC | Infosys | 23-27 Nov

ONGC is showing a weak trend and unless it can move past 1215 with volumes it is likely to fall to the levels of Rs 1,101 or Rs 1,039 in the near term.

Infosys has been a star of the stock market in India as it achieved its previous high. Nonetheless it is going to witness some profit booking between Rs 2,400-Rs 2,450 and as a strategy one should go long only above Rs 2,450 for the level of Rs 2600. However if it fails to move above Rs 2450 than it can fall to Rs 2,100 levels.

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