Share Tips For Today: Infosys and Fortis Healthcare

Fortis Healthcare: The stock is likely to remain bullish for the week. For Today also traders can buy Fortis around 102-104 level for the targets of 105.50-107.50. The Stock is currently trading above 50 Days Moving Average and charts are showing the signal of buy.

Infosys: Another stock we are recommending for short term buy is Infosys Ltd. This stock has been in consolidating mode with positive bias for last few days. The prices have not come down after a certain level. Day Traders can also buy the stock in every dip for marginal profit.

Targeting 2755-2800 would be a great deal for short term traders.

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Nifty Futures Tips: market Trend for 27 January 2012

The market extended the gains to some extent and Indian benchmark indices closed off the high of the day. NSE's Nifty had a steady F&O expiry today for tomorrow market is closed. The Nifty gained nearly 31 points and managed to closed above psychological level of 5150. Nifty futures settled down at 5158.20.

For Coming trading day the market is likely to remain positive and technically Nifty is facing resistance near 5180. Above this level we can see prices to move further towards 5250-5280 level. Support is seen near 5130. 

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Nifty Intraday Levels : Market Trend for Tomorrow

Indian Share market witnessed an outstanding rally and all the major benchmark share Indices ended at their 10-week closing highs. The Market reacted bullishly to the monetary policy RBI's decision to minimize CRR ratio helped the market to grow rapidly today.
The Nifty of National Stock Exchange climbed up 81.10 points and closed at 5127.35 while Nifty Futures settled at 5110.45 up by 59.40 points. It would be too early to consider that the market has entered to a zone of bullish momentum. So we can not rule out the chances of a downfall as well.
The rally is likely to extend if Nifty manages to stay above 5155 mark. It has resistance close to the level of 5150 and support is seen near 5090 mark.
 

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Nifty Intraday Tips: Levels for Coming Week

Indian market witnessed moderate gains on the last day of the week and NSE's Nifty closed at 5048.60 up by 30.20 points. Nifty futures settled down at 5058.65 and gained 36.60 points. Nifty Futures is likely to take a stew aback for a while around the level of 5090. A successful trade above may bring more upside in Nifty futures.

Support for nifty futures is seen near 4990 level. Nifty will have hold the level of 5000 to prevail the bullish momentum.

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Nifty Today and Intraday Trend for Tomorrow

Indian Share Market showed a significant gain on the back of firm global cues. International Monetary fund took an initiative to help the countries affected by Euro debt crisis which also supported the market to trade up.

Spot Nifty managed to cross above the psychological level of 5000 level and ended at 5018.40. Nifty Futures Shut its shop at 5020.25 up by 62.75 points (1.27%).

Nifty remained above 5000 level for most part of the trading session which is good sign for further extending this positive trend. Since Nifty kept hovering around 5K level so the chances of shorting pressure due to profit booking can not be ruled out.

Technically trend is bullish and trading above 5030 would bring more upside in Nifty Futures. While below 4990 Nifty may face sell off.






 

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Nifty Intraday Tips: Nifty Levels For Tomorrow

The market witnessed a sudden rally which we also mentioned in our previous report. Indian equity markets ended higher for the fourth consecutive session and closed nearly 2% higher on Today's session. China's GDP growth report led the market to outperform. The 50-Share Nifty ended up 93.40 points at 4967.30 while Nifty futures closed the day at 4972.50 after earning 81.40 points.

Nifty is now seems to be heading towards 5000 level. The session witnessed a significant rise in trading volume and market breadth along with a strong momentum. So the technical indicators are suggesting that the market is likely to remain positive for the coming sessions as well.

Nifty can face a psychological resistance of 5000 level and breaching the same can extend this bullish momentum towards 5100 level. Support for Nifty Futures is seen near 4910 level. 

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Nifty Intraday Levels and Trading Tips

Indian share market witnessed moderate gain today. NSE Nifty contended to close in green mark and earned 7.90 points. Nifty closed at 4873.90 while its future derivative added 14 points to its previous close and closed at 4892.20. The trend is seems to be skeptical as Asian market looking modest from last couple of days. As per the global scenario and our predictions the market is treading in such a way that it may witness a sudden rally.
Technically Nifty is facing first resistance near 4918 level. Breaching this level may attract 4950-4972 levels in Tomorrow's session. Major support level is 4804.

 

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Nifty Intarady Tips: Market Trend For Tomorrow

Indian Share market ended Higher on today's trade. The stocks which led the market to green were realty, metal and banking stocks. Key indices closed with moderate gains amid strong global cues. Nifty of National Stock Exchange added 34.75 points to close at 4866. Nifty futures closed at 4886.00 up by 33.80 points.
Market seems like making a way for an upside rally. Trading above 4909 would initiate a bullish run in Nifty which may lead the market toward 4950-5000 levels. Nearest support is seen near 4840 level.

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Nifty Trend Today and Market Outlook

As we predicted that trading above 4800 would push Nifty towards 4850 level and the same happened on Tuesday. The market gained over 2% and Nifty closed at 4849.55. The positive cues from Asia and Europe supported the market which strengthened further by Moody's upgraded India's rating to investment grade. Though it seems like a short covering, the market had quite good breadth and volume so technically we can expect market to extend the bullish momentum today as well.  Nifty Futures closed at 4871.65 up by 119.85 points. It has first resistance near 4897 level and breaching the same may call for a rally till 4850.  Support is lying around 4816 level.
 

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Market Today and Nifty Trend For 10 Januray 2012

Nifty closed flat in an extremely volatile trading session. The market even moved below 4700 level during the day and then recovered to close near its last level with slight decline. Spot nifty index lost only 4.10 points to close at 4742.80. Nifty futures shut its shop at 4757.70 down by 2.30 points.

The market closed off the low and now the coming trade could be a 50-60 points range bound session with slight up trend. Trading above 4800 will bring potential to reach up 4850 if infosys results support the market.

On the downside support is again seen around 4800-4789 level.
 

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Nifty View Today and Market Trend for Tomorrow

Indian market surged today and marked over 2.5% gain on index. The metal and capital goods stocks led the market to the heights and NSE's Nifty closed at 4765.30 and earned 128.55 points. Nifty futures settled at 4777.50 up by 2.78%.

The market is likely to take a another rally of 40-50 points tomorrow. After reaching 4850-4900 level market could go sluggish for a while and we can expect even some lower levels after that. Technically, resistance for nifty futures is seen around 4798 while support level for nifty is 4688. Trading above 4850 would extend the bullish trend towards 4900.

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