Intraday Stock Tips for Today 18 March 2011

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Trading strategy for Nifty, Bank Nifty Futures:

Nifty Futures:
Sell Nifty Futures below 5,430 for target 5,406-5,380 and stop loss of above Rs 5,454.

Bank Nifty Futures:
Sell Bank Nifty Futures below 10,860 for target of 10,810-10,760 and stop loss above of Rs 10,910.



Intra-day F&O calls:

JSW Steel
Sell JSW Steel futures below Rs 888 for target of Rs 876-865 and stop loss of below Rs 900.

Infosys Technologies
Sell Infosys Technologies below Rs 2,970 for target of Rs 2,950-2,930-2,910 and stop loss of below Rs 2,990.

United Phosphorus
Buy United Phosphorus around Rs 133-134 for target of Rs 138-142 and stop loss of below Rs 130.

Technical calls for intra-day:
Biocon
Buy above Rs 333 with target of Rs 338-343 and stop loss of below Rs 328.

Bank of India
Sell below Rs 446 with target of Rs 440-435 and stop loss of above Rs 452.

DLF
Sell below Rs 218 with target of Rs 213-208 and stop loss of above Rs 223.