Wednesday, February 6, 2013

Intraday Stock Tips For Tomorrow 7 Feb 2013

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Key equities benchmarks continued to reel in trade today, ending Wednesday’s session on a flat note. The BSE Sensex closed down 31.87 points at 19627.95, after touching an intraday high of 19,767.25. The Nifty managed scrape past the finishing line in the green, ending the listless session up 2.30 points at 5959.20.

Nifty Futures Range and Levels 7 Feb 2013

On the downside 5960 will form as the crucial and immediate support to look out for and a breach of that will possibly test the lower support zones of 5925-40 zones. Below that the next swing support comes at 5890 levels.

On the upside immediate resistance now comes at 6000-6005 levels and a breach above that can go on to test the levels of 6025. Remember 6025 proved as a good support buffer until NIFTY FUT was trading above that level. This will now act as the resistance zones until the prices trades below it.

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Posted By Commodity MCX Tips