Technical Analysis Tips - 06-Dec-2010

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As mentioned on 01-Dec, Do NOT Invest heavily at this point as market still lacks definite direction. Nifty need to close above 6040 for resuming uptrend.
This is the time where Technical Analysis won't work at optimum level. A small negative/ positive news can change the market direction & volatility will be at max level.

Buy KOTAKBANK CMP 485.85, 7/ 10 Wk Trgt 545/ 590 SL 468.9;
Sell VIDEOIND CMP 204, 4 Wk Trgt 170 SL 216;
Buy SRF CMP 361.1; 3 Wk Trgt 394 SL 344;
Buy Nat.Mineral (526371) CMP 263.75; 3 Wk Trgt 278 SL 257.3;