Monday, February 28, 2011

Nifty Intraday Trading Levels for 1st March 2011


Market had a volatile trading session, the NSE 50-Share indices which had soared by more than 150 points in the aftermath of the PM’s speech, surrendered more than 100 points. The S&P CNX Nifty close at 5333.35, up by 29.70 points or 0.56 %.

The NSE futures closed at 5338, up by 24.20 points or 0.46 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5230 else above 5505 it would be in a bullish trend.

RESISTANCE: It has first resistance close to the level of 5505 & above this level the next resistance is seen near the 5590 mark.
SUPPORT: It has first support close to the level of 5230 & below this level the next support is seen near 5175 mark.




Intraday Tips for Tomorrow 1st March

Areva T&D India Ltd.
Buy above 279.50 TG-285-288 SL-273
Below 271.60 Go for Sell

GMR Infra-
Buy Above 41.20 TG-41.70-42.60 SL- 39.90
Below 39.5 Go for Sell

Punj Llyod-
Buy Above 61.10 TG-63-63.50 SL-59.20
Sell Below 58.80 TG-58-57 SL-61.10

Keep Visiting for Daily Nifty Intraday Levels and Stock Trading Tips.

Bank Nifty Futures Update and Trend for tomorrow

The banking index CNX Bank Index lost -0.50 points. Among banking City Union Bank, Canara Bank, Central Bank, Jammu & Kashmir closed on a positive note, up by 4-6 %.
Bank Nifty Futures shut stop at 10443, down -11.95 points or -0.11 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 10260 else above 10800 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10800 & above this level the next resistance is seen near to the level of 11000
SUPPORT: It has first support close to the level of 10260 & below this level the next support is seen near 10170 marks.

Friday, February 25, 2011

NSE Market Update- Nifty Forecast for Monday

Market had a volatile trading session due to railway budget and economic survey. The S&P CNX Nifty close at 5303.55, up by 40.85 points or 0.78 %. The market rallied in the later part of the session to end the session on a positive note.

The NSE futures closed at 5238, up by 48.65 points or 0.92 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5175 else above 5350 it would be in a bullish trend.

RESISTANCE: It has first resistance close to the level of 5350 & above this level the next resistance is seen near the 5430 mark.
SUPPORT: It has first support close to the level of 5175 & below this level the next support is seen near 5090 mark.

Intraday Tips for Monday 28 Feb 2010

Andhra Bank
Buy above 137 TG- 140-143 SL133
Sell Below 134.50 TG-132.5- 131 SL-137.20

Mahindra Satyam-
Buy Above 62.70 TG-63.50-64 SL-61.10
Sell Below 60.90 TG-60-59.40


Aurobindo Pharma Ltd.
Buy around 163.50-164 TG-167-170 SL-160
or Buy Above 167 TG-170-173

Keep Visiting to get Intraday Tips for Tomorrow 

Bank Nifty Futures: Next Week Out Look (Monday 28 Feb 2011)

The banking index CNX Bank Index gained 225.10 points or 2.20 % after the Economic Survey proposed to consider separate licenses for basic and full banking services. Among the other banking plays, Canara Bank, Axis Bank, Bank of Baroda, Bank of India, State Bank of India, Union Bank of India, IDBI Bank and Punjab National Bank gained in the region of 2-4.5 % each.
Bank Nifty Futures shut stop at 10491.10, up 236.80 points or 2.31 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 10260 else above 10520 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10520 & above this level the next resistance is seen near to the level of 10640.
SUPPORT: It has first support close to the level of 10260 & below this level the next support is seen near 10030 marks.

Thursday, February 24, 2011

Nifty Trading Strategy for Friday 25 Feb

The NSE benchmark S&P CNX Nifty battered down to 5262.70 levels from 5430 level, almost 172.85 points or -3.18 % due to renewed concerns on geopolitical front, spike in crude oil prices, a jump in inflation and caution ahead of the railway budget. The rate-sensitive banking, auto and realty sectors received a severe downfall in this session.
The Nifty Futures closed to 5262.90, down by 172.85 or -3.18 %.The Indian VIX which is currently at 28.20 and it was up by 1.65 points or 6.21 %. It indicates that the market will continue to be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5430 & above this level the next resistance is seen near the 5510 mark.

SUPPORT: It has first support close to the level of 5175 & below this level the next support is seen near 5090 mark. 






Intraday Trading Tips for Tomorrow-25 Feb 2010

Mahindra Satyam-

Sell Below 59.40 TG-58.5-58 SL-61.20
Buy Above 61.80 TG-62-63

IDFC-

Sell Below 129.50 TG-128-127 SL-133.
Buy Above 133.50 TG-135-137


Apollo Tyres-

Sell Below 51.70 TG-51-50.20 SL-53.60
Buy only  Above 54.9

Bank Nifty Trading Levels for tomorrow

A severe battering in banking sector made Bank Nifty Futures shut stop at 10210.60, down by -455.05 or 4-4.27 %. The State Bank of Travancore, State Bank of Mysore and State Bank of Bikaner & Jaipur were down by 12.68 %, 10.89 % and 10.48 % respectively. It is looking bearish in the coming trading session if it manages to trade below the support level of 10135 else above 10520 it would be in a bullish trend.

RESISTANCE: It has first resistance close to the level of 10520 & above this level the next resistance is seen near the 10640 mark.
SUPPORT: It has first support close to the level of 10135 & below this level the next support is seen near 10030 marks.

Wednesday, February 23, 2011

Nifty Technical Outlook for 24 Feb 2011

S&P CNX Nifty closed on a negative note following weak global cues and ongoing strife at Libya. Banks, technology and realty stocks were the top sectoral losers while auto and oil gas space ended higher.
The NSE benchmark indices closed 5437.35, down by -31.85 or -0.58 %. %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5395 else above 5520 it would be in a bullish trend.

RESISTANCE: It has first resistance close to the level of 5520 & above this level the next resistance is seen near the 5600 mark.

SUPPORT: It has first support close to the level of 5395 & below this level the next support is seen near 5335 mark.


Intraday Trading Tips for Tomorrow


Intraday Tips for Tomorrow


HDIL-

Buy above 155.50 TG-157-158.50 SL-152
Sell Below 151.50 TG 149.50-147.50 SL-155

Punj Lloyd

Sell below 62.8 TG-62-61.50-61 SL- 64.30
Buy only above 65.10

Mahindra Satyam

Buy Above 63.1 TG-64-64.5 SL-61.70
Below 61 Go for Sell

Bank Nifty Trading Advice - Support and Resistance for tomorrow

After a volatile trading session Bank Nifty Futures shut stop at 10668, down -172.15 points or -1.59 %.In banking sector most of scrip were down by 2-4 $. It is looking bearish in tomorrow trading session if it manages to trade below the support level of 10640 else above 10880 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10880 & above this level the next resistance is seen near the 11000 mark.

SUPPORT: It has first support close to the level of 10640 & below this level the next support is seen near 10480 marks.

Tuesday, February 22, 2011

Intraday Nifty Trading Tips: Technical Outlook 23 Feb 2011


Civil unrest in Libya and negative global clue made The S&P CNX NIFTY closed at 5476.10, down by 52.05 points or -0.94 %. The Indian VIX which is currently at 26.85 and it was up by 1.94 points or 7.79 %. It indicates that the market will continue to be in a downward trend.
NIFTY Futures closed at 5476.10, down by 52.05 points or -0.94 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5395 else above 5540 it would be in a bullish trend.

RESISTANCE: It has first resistance close to the level of 5540 & above this level the next resistance is seen near the 5600 mark.
SUPPORT: It has first support close to the level of 5395 & below this level the next support is seen near 5330 mark.



Intraday Nifty and Stock Trading Tips for Tomorrow

Intraday Tips for Tomorrow

DLF-

Buy DLF above 231.1 TG 233-235 SL-226.5
Sell below 225.5 TG-222-220

Idea Cellular -

Sell Idea Cellular Below 58.20 TG-57-56.50 SL-59.80
Buy Above 61.40 TG-62-63 SL-60.00

IDFC-

Sell on rise at 141 TG-138-136 SL-144

Intraday Nifty Tips -

Adopt strategy of sell at highr levels sell Around 5480-5500 TG- 5460-5440

Bank Nifty Tips - Intraday Levels for 23 Feb 2011


 Bank Nifty Futures shut stop at 10835, down 235.90 points or -2.13 %. In banking sector majority of scrip were negative and closed into red. It is looking bearish in the coming trading session if it manages to trade below the support level of 10690 else above 11100 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 11100 & above this level the next resistance is seen near the 11280 mark.
SUPPORT: It has first support close to the level of 10760 & below this level the next support is seen near 10690 marks.

Monday, February 21, 2011

Nifty Position and Intraday Levels for 22 February 2011


After a sell off on Friday market staged a smart recovery and closed above the 5500 market. The S&P CNX NIFTY closed at 5518.60, up by 59.65 points or 1.09 %. The Indian VIX which is currently at 24.91 and it was up by 0.73 points or 3.01 %. It indicates that the market will continue to volatile in the short term.

NIFTY Futures closed at 5531.05, up by 77.40 points or 1.42 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5547 else below 5400 it would be in a bearish trend.

RESISTANCE: It has first resistance close to the level of 5547 & above this level the next resistance is seen near the 5600 mark.

SUPPORT: It has first support close to the level of 5400 & below this level the next support is seen near 5340 mark.

Intraday Stock|Nifty tips for 22 Feb 2011

 Intraday Tips For Tomorrow
 


Oreintal Bank of Commerce

Buy 337 TG241-245-with a stop at 332.5

Below 331.50 go for sell TG-325
 


Rashtriya Chemicals & Fertilizers Ltd

Buy above 86.10 TG-87-89 SL-82.9

Sell below 82.5 TG-80


Nifty Intraday Tips-

Buy Nifty above 5500 TG-5550-5580-5600 SL-5430

Intraday Bank Nifty Tips For Tomorrow

 Bank Nifty Futures shut stop at 11081, up 154 points or 1.41 %.In banking sector majority of scrip were positive and closed into green. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11135 else below 10780 it would be in a downward trend. 

RESISTANCE: It has first resistance close to the level of 11135 & above this level the next resistance is seen near the 11280 mark.
SUPPORT: It has first support close to the level of 10780 & below this level the next support is seen near 10690 marks.

Friday, February 18, 2011

Nifty Futures Intraday Levels for Next week (Monday 21 Feb 2011 )

The market snapped five days winning streak the benchmark indices closed into red. The S&P CNX NIFTY surrendered 87.50 points and it closed above the major support level of 5450.The Indian VIX which is currently at 24.18 and it was up by 1.61 points or 7.13 %. It indicates that the market will continue to volatile in the short term.
NIFTY Futures closed at 5453.65, down by 92.65 points or 1.67 %. It is looking bearish in the coming trading session if it manages to break the support level of 5400 else above 5550 it would be in a bullish trend.

RESISTANCE: It has first resistance close to the level of 5550 & above this level the next resistance is seen near the 5590 mark.
SUPPORT: It has first support close to the level of 5400 & below this level the next support is seen near 5340 mark.



Intraday Tips For Monday 21 February

Intraday Stock tips for 21 Feb

HCL technologies-

Sell Below 455.50 TG-450-446.5 SL-463.6
Buy only above 464 TG-469-474

IDFC-

Buy Above 145.20 TG 148-150 SL-141.80

Sesa Goa-

Buy above 313.9 TG-317-320 SL- 308.4
Below 309 go for sell with stop at 314.4

Bank Nifty Tips: Monday 21 Feb 2011

Bank Nifty Futures shut stop at 10927, down 203.40 points or -1.83 %.In banking sector majority of scrip battered down by 2-4 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10880 else above 11130 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 11130 & above this level the next resistance is seen near the 11280 mark.
SUPPORT: It has first support close to the level of 10880 & below this level the next support is seen near 10675 marks.

Nifty and Bank Nifty For Next week (21st-25th Feb)

Nifty Weekly Outlook-
Last week the Nifty Index ended with gains of 2.80% at 5458.95. On the derivatives front we have seen that the Nifty Futures prices slipped along with an overall addition of open interest and decline in the cost of carry, this is an indication of some shorts being built in it at higher levels. For the coming week, Resistance for Nifty is seen at 5600/5750 whereas on the downside immediate Support for the Index is seen at 5400-5367 levels, below these levels the next support is seen at 5340/5277 levels.

Bank Nifty Weekly Outlook -
 Last week the Bank Nifty Index showed a smart pullback from its 10000 levels and ended with gains of 4.80% at 10949.70. On the derivatives front we have seen that the Bank Nifty Futures prices have ended with gains along with an overall addition of open interest and decline in the cost of carry, this is an indication of some shorts being built at higher levels. For the coming week, immediate Resistance for Bank Nifty is seen at 11257 levels, above this level the next resistance is seen at 11547/11890 whereas on the downside support for the Index is seen near 10373 levels.

 


Thursday, February 17, 2011

Nifty Futures: Intraday trading Tips for tomorrow

On the back of a drop in food inflation number the benchmark indices closed into green. The S&P CNX NIFTY closed at 5546.45, up 64.75 points or 1.18 %. The Indian VIX which is currently at 22.57 and it was up down by 2.08 % or-0.48. It indicates that the market will continue to volatile in the short term.

Nifty Futures closed at 5549.95, up by 64.70 points or 1.18%. It is looking bullish in the coming trading session if it manages to break the resistance level of 5566 else below 5520 it would be in a bearish trend.

RESISTANCE: It has first resistance close to the level of 5566 & above this level the next resistance is seen near the 5625 mark.
SUPPORT: It has first support close to the level of 5520 & below this level the next support is seen near 5450 mark.


Intraday Stock|Bank Nifty Tips For Tomorrow 18 FEB


Intraday Tips For Tomorrow

Ashtavinayak
Buy above 7.5 or in low buy above 7.3 TG-7.6 - 7.8 SL- 7.2
 
Sanghvi Movers Ltd.
Buy above 145 TG- 148-152 SL-142
Below 141.6 go for sell with a stop at 146.7

DLF Ltd.-
Sell DLF on High at 240 TG-237-235 SL-245


Bank Nifty Future Tips-
 
Buy Bank Nifty Above 11140 TG-11325 SL-11030

Bank Nifty Intraday Levels for Friday 18 Feb 2011

Bank Nifty Futures closed at 11138.70, up 172.45 points or 1.57 %.In banking sector index scrip HDFC Bank and IDBI Bank lead the row. Indian Overseas Bank gained 6.85 points or 5.34 % respectively. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11265 else below 10890 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11265 & above this level the next resistance is seen near the 11440 mark.

SUPPORT: It has first support close to the level of 10890 & below this level the next support is seen near 10700 marks.

Wednesday, February 16, 2011

Nifty Intraday Tips- Support and Resistance for 17 Feb


Market turned to sidelines after three consecutive bullish trading sessions which pushed the market up 4.6 %. The S&P CNX NIFTY closed at 5481.70, up 0.70 points or 0.01 %. The Indian VIX which is currently at 23.05 and it was up by 0.88 % or 0.20 points indicates that the market will continue to volatile in the short term. NIFTY Futures closed at 5494, up by 17.90 points or 0.33 %. It is looking bullish in the coming trading session if it manages to break the resistance level of 5566 else below 5450 it would be in a bearish trend.
RESISTANCE: It has first resistance close to the level of 5566 & above this level the next resistance is seen near the 5625 mark.

SUPPORT: It has first support close to the level of 5450 & below this level the next support is seen near 5400 mark.


Intraday Trading tips for 17 Feb 2011


Nifty Intraday Tips-


Buy Nifty Future Above 5490 TG-5530-5560-5600 SL-5390

Stock Intraday Tips-

IRB infra
Buy  above 183.6 TG-185-188-190 SL-177
or in low buy above 177.6 with a stop at 173.9 TG-180-185

Tata Steel
Buy above 650 SL- below 635 TG- 665-70.

Renuka Sugars
Sell if open below 78.5 SL- 81.9 TG-76.50-75
Buy only above 83

Get Free Stock Tips Daily - Click Here 

Bank Nifty Day Trading Levels for 17 February 2011

Bank Nifty Futures closed at 10966.25, up 30.25 points or 0.28 %.In banking sector index scrip South India Bank and Axis Bank lead the row. Dhanlaxmi Bank and City Union Bank gained 4.62 % or 1.15 % respectively. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11040 else below 10690 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11040 & above this level the next resistance is seen near the 11265 mark.
SUPPORT: It has first support close to the level of 10690 & below this level the next support is seen near 10480 marks.

Friday, February 11, 2011

Nifty Intraday Levels for Monday 14 February 2011


The benchmark indices bounced back from the psychological level of 5200 and closed. The S&P CNX Nifty shut shop at 5310, up 84.20 points or 1.61 %. The Indian VIX which is currently at 23.47 and it was down by 1.35 points or -5.43 % indicates that the market will continue to volatile in the short term.
NIFTY Futures closed at 5312.90, up by 83.75 or 1.58 %. It is looking bullish in the coming trading session if it manages to break the resistance level of 5350 else below 5170 it would be in a bearish trend.

RESISTANCE: It has first resistance close to the level of 5350 & above this level the next resistance is seen near the 5420 mark.
SUPPORT: It has first support close to the level of 5170 & below this level the next support is seen near 5135 mark.





Intraday Tips For Monday 14th Feb 2011

Intraday Stock Tips-
HDIL
CMP- 137.45
Intraday Tips- Buy above 139.50 TG-143-146 SL-below135

Kotak Mahindra Bank Ltd
CMP- 378.10
Intraday Advice- Buy above 381 TG-385-388 SL-376

Nifty Intraday Tips-

Buy Nifty Futures above 5350 TG-5410-5450-5550 SL-5230

This Section will be updated soon with MORE STOCK AND NIFTY FUTURES tips Keep visiting or subscribe FREE tips on your mobile- CLICK HERE 

Bank Nifty Outlook for Next Week (Monday 14 February 2011)


Bank Nifty Futures closed at 10465, up 370.25 points or 3.67 %.In banking sector index heavy weighted PNB, ICICI, AXIS lead the row. South Indian bank and ING Vysya Bank gained 7.10 % or 6.51 % respectively. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10515 else below 10010 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 10515 & above this level the next resistance is seen near the 10800 mark. 

SUPPORT: It has first support close to the level of 10010 & below this level the next support is seen near 9950 marks.

Thursday, February 10, 2011

Nifty Today Review and Trend for 11 February 2011

Market had a volatile trading session with the trading range of 70-80 points, intraday pullback attributed to the heartening decline in food inflation. The S&P CNX Nifty shut shop at 5225.80, down 27 points or –0.35 %. The Indian VIX which is currently at 24.82 and it was down by 1.66 % % or -0.42 points indicates that the market will continue to volatile in the short term.
NIFTY Futures closed at 10095, down 35.95 or -0.35 %. It is looking bearish in the coming trading session if it manages to break the support level of 5211 else above 5300 it would be in a bullish trend.

RESISTANCE: It has first resistance close to the level of 5300 & above this level the next resistance is seen near the 5350 mark.
SUPPORT: It has first support close to the level of 5211 & below this level the next support is seen near 5138 mark.


Intraday Share Tips for 11th February 2011

Punj Lyod
CMP- 66.20
Intraday Tips- Tomorrow Sell if open below 63.5 SL-69 TG-62-60
Buy is advised only above 69 TG-70-71.6 SL-63.90


GMR Infra - 
CMP- 36.10 
Intraday Tips- Buy above 37.40 with SL at 34.8 TG-38-39
Below 31.6 go for sell TG-30-29.50


DLF-
CMP- 245.90
Intraday Tips- Sell Below 241.60 TG-235 SL-248

Bank Nifty Today Review and Trend for tomorrow

Bank Nifty Futures closed at 10095, down 35.95 points or -0.35 %.In banking sector index heavy weighted SBI and PNB weakened by 86.90 or -3.37 % and 10.95 or -1.05 % respectively. Bank like United Bank of India and ING Vysya bank lead the row with 6.73 % or 3.99 % up respectively. It is looking bearish in the coming trading session if it manages to trade below the support level of 10010 else above 10325 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10325 & above this level the next resistance is seen near the 10430 mark.

SUPPORT: It has first support close to the level of 10010 & below this level the next support is seen near 9950 marks.

For Free Commodity Tips- CLICK HERE 

Wednesday, February 9, 2011

Nifty Intraday Technical View for 10 February 2011

Benchmark Indies S&P CNX NIFTY plummets by 59 points or 1.11 %, in today’s trading session market was volatile with negative bias. The Indian VIX which is currently at 25.24 and it was up by 2.02 % or 0.50 points indicates that the market will continue to volatile in the short term.
NIFTY Futures closed at 5282.05, down 32.40 or 0.61 %. It is looking bearish in the coming trading session if it manages to break the support level of 5206 else above 5350 it would be in a bullish trend.

RESISTANCE: It has first resistance close to the level of 5350 & above this level the next resistance is seen near the 5425 mark.
SUPPORT: It has first support close to the level of 5206 & below this level the next support is seen near 5140 mark.


Bank Nifty Futures- Levels for Thursday 10th Feb 2010

 Bank Nifty Futures closed at 10180, up 29.90 points or 0.29 %.In bank sector majority of stocks was down by 2%- 6%, Dena Bank, United Bank Of India, Canara Bank, Axis Bank lead the row. It is looking bearish in the coming trading session if it manages to trade below the support of 10035 else it has resistance at 10430 above this level it would be bullish in trend.

RESISTANCE: It has first resistance close to the level of 10430 & above this level the next resistance is seen near the 10520 mark.

SUPPORT: It has first support close to the level of 10035 & below this level the next support is seen near 9955 marks.

For Free Intraday Tips View Post- Intraday Tips For Tomorrow 

Intraday Share Tips for Tomorrow 10 February 2011

Unitech
CMP-37.70
Day Trading Tips - Sell if open below 36.4 with stop loss at 39 or sell below 35.2
Buy only above 40.2 TG-41-41.50

Sun pharma-
CMP- 410
Intraday Trading Tips- Buy Above 414.1 TG-418-424 SL-406

Jet Airways (India) Ltd.
CMP
-445.35
Intraday Advice- Sell Below 441.20 TG-436-430 SL-448.50

Tata Motors
CMP-1073.60  
Intraday tips-Buy Above 1091 TG-1111-1121 SL-1053 

Tuesday, February 8, 2011

Nifty Tradind Tips: Trend for Wednesday, 9th Feb 2011


Benchmark Indies S&P CNX NIFTY ended in red and closed below crucial support levels of 5350. It was down by 83.45 points or 1.55 %. The Indian VIX which is currently at 24.74 and it was up by 0.20 % % or 0.05 points indicates that the market will continue to volatile in the short term.
NIFTY Futures closed at 5320, down 74.05 or 1.37 %. It is looking bearish in the coming trading session if it manages to break the support level of 5225 else above 5445 it would be in a bullish trend.

RESISTANCE: It has first resistance close to the level of 5445 & above this level the next resistance is seen near the 5566 mark.
SUPPORT: It has first support close to the level of 5225 & below this level the next support is seen near 5170 mark.

Intraday NSE Stock Tips for Tomorrow


Hindustan Petroleum Corporation Ltd. -

CMP-347.20
Intraday Tips- Buy HPCL above 349 TG-353-356 SL-343
or Sell below 341.30 TG-335


Lupin LTD -

CMP-396
Intraday Tips- Sell Lupin around 399 TG-395-392 SL-405


Cipla Ltd.-

CMP- 316.80
Intraday Tips- Buy Cipla above 317.50 TG-321-324 SL-311 
Short term traders can Hold for TG of 330

Bank Nifty Future Tips : Support and Resistance for 9th February


Bank Nifty Futures closed at 10160, down 215.65 points or 2.08 %.In bank sector some of stocks was down by 3%- 6%, ING Vysya, Kotak Mahindra Bank, united bank of India lead the row. It is looking bearish in the coming trading session if it manages to trade below the support of 10095 else it has resistance at 10430 above this level it would be bullish in trend.

RESISTANCE: It has first resistance close to the level of 10430 & above this level the next resistance is seen near the 10600 mark.

SUPPORT: It has first support close to the level of 10095 & below this level the next support is seen near 9950 marks.

Monday, February 7, 2011

NSE Index Trading Strategy for Tuesday 8 Feb 2011


Benchmark Indies S&P CNX NIFTY (NSE Index) ended in the green despite of selling pressure intensified in the last half an hour of trade and closed above 5400 mark. It was up by 0.25 points. The Indian VIX which is currently at 24.69 and it was up by 0.28 % % or 1.14 points indicates that the market will continue to volatile in the short term.
NIFTY Futures closed at 5405.05, up 18.05 or 0.34 %. It is looking bearish in the coming trading session if it manages to break the support level of 5350 else above 5566 it would be in a bullish trend.

RESISTANCE: It has first resistance close to the level of 5566 & above this level the next resistance is seen near the 5622 mark.
SUPPORT: It has first support close to the level of 5350 & below this level the next support is seen near 5300 mark.


Intraday Stock tips for 8th February 2011


Jubilant Foodworks
CMP- 514.70
Intraday Trading Advice- Buy above 516 TG-520-525 SL-510
(Short is advised below 509.50)

Suzlon Energy

CMP- 49.60
Intraday Trading Advice- Buy above 52.1 TG-52.5-54.8 SL-48.1

LIC Housing Finance Ltd
CMP- 179.35
Intraday Trading Advice- Buy Above 181 TG-183-185 SL-178.65

Bank Nifty Closing and Trend For 8th Feb tomorrow


Bank Nifty Futures closed at 10399, down 23.80 points or 0.23 %.In bank sector some of stocks was down by 2%- 5%, PNB, Central Bank of India, Oriental Bank of Commerce lead the row. It is looking bearish in the coming trading session if it manages to trade below the support of 10385 else it has resistance at 10760 above this level it would be bullish in trend.

RESISTANCE: It has first resistance close to the level of 10760 & above this level the next resistance is seen near the 10850 mark.
SUPPORT: It has first support close to the level of 10340 & below this level the next support is seen near 10272 marks.

Friday, February 4, 2011

Nifty For Next week (Monday 7th Feb 2011)

Benchmark Indies S&P CNX NIFTY ended in the negative terrain as selling pressure intensified in the last half an hour of trade. It was down by 131 points or 2.37 %. The Indian VIX which is currently at 24.41and it was up by 7.58 % or 1.72 points indicates that the market will continue to volatile in the short term.
NIFTY Futures closed at 5382, down 156.95 or 2.83 %. It is looking bearish in the coming trading session if it manages to break the support level of 5350 else above 5566 it would be in a bullish trend.
Resistance: 5566-5622
Support: 5350-5300





Intraday Tips for Monday 7th February

Cipla
CMP-324.30
Sell Cipla Below 322.3 TG-318-315 SL-328

Hindalco
CMP-236.55
Buy Hindalco above 237.50 and keep stop below 232 Target is 240-244

Sadbhav Engineering Ltd.
CMP-100.40
Buy Above 101.50 TG-103-105 SL-99

Bank Nifty Futures- Levels for Monday 7th Feb 2011


Bank Nifty Futures closed at 10404, down 297.70 points or 2.78 %.In bank sector majority of stocks was down by 2%- 3%, Vijay bank, Syndicate Bank and ICICI bank lead the row. It is looking bearish in the coming trading session if it manages to trade below the support of 10385 else it has resistance at 10760 above this level it would be bullish in trend.

RESISTANCE: 10760-10850.
SUPPORT: 10385-10272

Thursday, February 3, 2011

Nifty Futures Support and Resistance for 4 February 2011

Market shrugged off the news of spike in inflation and high interest worries the benchmark S&P CNX NIFTY gained 94.75 points or 1.74 % and SENSEX gained 358.69 points or 1.98 %.
Nifty futures from the last few trading session moving in a particular range of 5410-5550. It is now taking resistance at 5550/5625 and support at 5410/5350. Nifty is looking positive in the coming trading session if it manages to trade above the resistance level of 5550 else below 5625 it would might face more selling pressure.
RESISTANCE: It has first resistance close to the level of 5550 & above this level the next resistance is seen near the 5625 mark.
SUPPORT: It has first support close to the level of 5410 & below this level the next support is seen near 5350 mark.

Intraday Nifty Tips-Buy above 5555  TG-5590-5610  SL-5529.



NSE Stocks- Intraday Tips for Friday 4th Feb 2011

Housing Development & Infrastructure Ltd.
CMP- 139.80
Buy HDIL above 142 TG- 146-149.50 SL-136.6


Bharti Airtel-
CMP-339.80
Buy above 346.9 SL below- 332.8 TG-353.3

Shree Renuka Sugars Ltd.
CMP-90.95
Buy Above 91 TG 92-93 SL- below 89.3 

Bank Nifty Position for Friday 4th Feb 2011

Bank Nifty futures gained 204.45 points or 1.95 % from the last few trading it is moving in a particular price range of 10760-10440. If it sustain below 10440 levels it would be in a bearish trend else above 10760 it would be in a bullish trend.
RESISTANCE: It has first resistance close to the level of 10760 & above this level the next resistance is seen near the 10900 mark.
SUPPORT: It has first support close to the level of 10440 & below this level the next support is seen near 10272 marks.


Intraday Trading Tips- Buy Bank Nifty Futures above 10760 TG-10860-10910 SL Below- 10690.
 

Wednesday, February 2, 2011

Nifty Technical outlook- 3rd Feb 2011


 Nifty future is moving under a tight range 5542-5411 from last 3 trading session and closed near to its support level. If Nifty future is manages to sustain below 5411 level it can take more down fall in coming trading session. One should adopt the strategy of sell at higher level. Support for Nifty Future is at 5400/5350 and it has Resistance at 5542/5622 levels.

RESISTANCE: It has first resistance close to the level of 5542 & above this level the next resistance is seen near the 5622 mark.
SUPPORT: It has first support close to the level of 5400 & below this level the next support is seen near 5350 mark.




   

Intraday Tips for Nifty Stocks

Intraday Calls for 3rd Feb 2011
 


Unitech
CMP-45.15
Buy Unitech above 46.10 TG-47-48 SL-44.90
Or Sell below 44.2 TG-43.50-43 SL- 46.10

Raymond Ltd
CMP- 298.60
Sell Raymond below 296 TG-293-290 SL-301

Indian Overseas Bank
CMP-126.35
Buy Indian Overseas Bank above 128.9 TG-130-133-135 SL-124.80

Bank Nifty Technical View- 3rd Feb 2011


  Bank Nifty is not sustaining at higher level and closed near to its days low. If it sustain below 10385 level its dawn fall will continue, in coming trading session One should adopt the strategy of sell at higher level. Support for Bank Nifty future is at 10385/10300 and it has Resistance at 10640/10722 levels.

RESISTANCE: It has first resistance close to the level of 10640 & above this level the next resistance is seen near the 10722 mark.

SUPPORT: It has first support close to the level of 10385 & below this level the next support is seen near 10300 marks.

Tuesday, February 1, 2011

Nifty Intraday Tips- Trading levels for 2nd Feb 2011

Indian equity Indices ended in the deep red toda. 50-share index Nifty touched intraday low of 5402 and the 30-share index Sensex touched a low of 17982.17. S&P Nifty managed to hold back the 5400 mark and Sensex close below the 18000 level.
On the back of consistent sell off for 5th consecutive trading session Nifty future made a low of 5411.20 and it managed to hold back psychological level of 5400.

Resistance – 5545/5600
Support – 5350/5300

Nifty futures is showing a good support at 5350, once this level is cross it might face more selling pressure which can make the nifty to test the level of 5300 else it has major resistance at 5545 above this level nifty would be in a bullish trend.


Bank Nifty Technical outlook for Wednesday 2 February 2011


Banking stocks and indices trades with bearish sentiment in today’s trading session Bank Nifty Futures closed at 10493.45, with loss of 178.65 points or 1.67%. Due to chaos related to the fear of rising interest rate and inflation resulted in out flow of FII money seen and panic selling Banking sector.  

Resistance – 10570/10730
Support – 10380/10100

Bank nifty is looking bearish in the coming trading session if it manages to break the support level of 10380 below this level it might test the level of 10100 else above 10570 aggressive buying can make it to test the level of 10730.

Intraday Tips for 2nd February 2011

Shree Renuka Sugars Ltd
CMP- 83.70
Intraday Tips- Buy at 84 TG-85-85.70 SL-82.40

TCS
CMP-1150.15
Intraday Tips- Sell Below 1138 TG-1125-1110
Buy Only Above 1175 with SL of 1137 TG-1200

DLF -
CMP- 221.55
Intraday Tips- Sell below 218.50 TG-215.7-213.50 SL-224

 
Posted By Commodity MCX Tips