Today, Indian markets are range bound which is expected as the Indian Election results are nearing.
There was a strong rumor in the Dalal Street yesterday about the possibility of NDA forming the next government in Delhi and markets have reacted positively to the news.
As always we provide the trade tips, but would like to caution the traders to very very careful as the market can swing either ways in these time of elections.
Tip: Sell Nifty Futures at 3714 with a stoploss of 3728 and buy sell at 3640
Wednesday, May 13, 2009
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regards:
trade4target
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