Nifty Intraday Tips for 18 November 2011

After remaining sluggish for most part of the day, nifty again stumbled in the last hour of the session and closed with around 2% loss. Spot Nifty suffered a loss of 95.70 points and closed at 4934. As we already predicted that a trade below 4985 may call for major sell off, the same happened in today's session.
Nifty Futures, down by 2.37%, closed at 4925.30. On the technical indicator front, market is still looking bearish below 4900 mark which Is also acting as a level above which Nifty can take a bounce back move.

Stiff resistance which is required to be breached to acquire the momentum again is around 5020-5080 mark. While support for Nifty futures is seen near 4900-4870 levels.

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Nifty Intraday Tips for 27 June: Tecnical Outlook

Indian Benchmark Indices made a strong come back after being range-bound from last few sessions. On Friday Indian markets made significant gain negating negative trend and closed in green territory.
CNX S&P Nifty touched a high of 5,477 due to rally in blue-chip giants stocks like infosys, ICICI Bank , and L&T Ltd and Finally shut closed near days high at 5471.25. Nifty gained 151.25 points with a gain of 2.84%.

Nifty Futures rallied 167.80 points and finally settled at 5484.00 with a handsome gain of 3.16%.
The near tern trend is likely to remain bullish if it manages to trade above 5505 level but if Nifty breaches the strong support level of 5355, trend may be reversal and it can test the lower levels like 5300-5255 levels.

Support and Resistance levels-
Support for Nifty Futures is seen near 5350 levels below which the next resistance is 5255.
It has first resistance close to the level of 5505 and above this level the next resistance is seen near the 5625 mark.

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Market Today and Intraday Trend For 21 June 2011

Indian benchmark index ended in Deep Red zone due to  sell-off triggered on concerns of renewed tax treaty between India and Mauritius. Reliance Infrastructure, Reliance Communications and  Reliance Industries were the Topl losers today . GTL and GTL Infrastructure plunged on multiple rumors of pledged shares being sold, FCCBs default and loan re-payment to Punjab National Bank. Technology stocks led the losses. The S&P CNX Nifty finally closed at 5257.90, down -108.50 points or -2.02 %.

The Nifty futures closed and settled finally at 5265 down by -115.10 points or -2.14 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5175 else above resistance level of 5380 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 5380 & above this level the next resistance is seen near the 5460 mark.
SUPPORT: It has first support close to the level of 5175 & below this level the next support is seen near 5090 mark.

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Nifty Technical Outlook: Tuesday 24 May 2011

Due to investors weak sentiments amid expectations of further rise in interest rates, The NSE benchmark index closed below crucial 5400 Mark. The S&P CNX Nifty ended at 5386.55, down -99.80 points or 1.82 %.

The Nifty futures closed and settled finally at 5382, up by -102.60 points or 1.87 %. It is looking bearish in the coming trading session if it manages to trade support level of 5350 else above resistance level of 5440 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 5440 & above this level the next resistance is seen near the 5540 mark.

SUPPORT: It has first support close to the level of 5350 & below this level the next support is seen near 5230 mark.

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Nifty Prediction for 11 May 2011

The markets closed flat for the second consecutive day with bouts of volatility witnessed throughout the day. The S&P CNX Nifty closed down -9.85 points at 5541.25, down 51 points from the day’s high.

The Nifty futures closed and settled finally at 5545.80, down by 12.85 or -0.23 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5500 else above resistance level of 5595 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 5605 & above this level the next resistance is seen near the 5730 mark.
SUPPORT: It has first support close to the level of 5500 & below this level the next support is seen near 5440 mark.

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Intraday Nifty Prediction for Monday (2 May, 2011)

Markets are set to end the weak on a negative note due to weakness in financial shares as investors turned jittery on expectations of 25 bps rate hike by Reserve Bank of India next week. The NSE benchmark index S&P CNX Nifty, down -35.95 points or -0.62 % at 5749.50.

The Nifty futures closed and settled finally at 5753.80, down by -56.60 or -0.97 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5695 else above resistance level of 5825 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 5825 & above this level the next resistance is seen near the 5950 mark.
SUPPORT: It has first support close to the level of 5695 & below this level the next support is seen near 5570 mark.

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Intraday Share Tips for Today

Free Intraday Tips for 23 March -

Buy SAIL Above 162.70 TG-164-164.70 SL-161.15
Sell if trades below 161.55 TG-160.45-159.90

Buy ABG Shipyard Ltd  above 359 TG-563-366-368 SL-353.70
Below 353.60 Go for Sell TG-349-347

Buy Lupin Ltd Above 411 TG-415-420 SL-403

Intraday Nifty Tips-
Buy Nifty Future at 5455 TG-5480-5505-5520 SL-5380



 

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Nifty Futures Position for 23 March

Indian markets snapped a three-day fall and firmed 0.92 percent, supported by a rebound in Japan and gains in other markets but investors were skeptical if the rise would hold in the near term as developments unfolded in the Middle East. The S&P CNX Nifty closed at 5413.85, down 49.10 points or 0.92%.

The Nifty futures closed flat and settled finally at 5434.15, up by 54.05 points or 1 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5450 else below 5350 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5450 & above this level the next resistance is seen near the 5505 mark.

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

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Nifty Forecast For Monday 7th March 2011

The S&P CNX Nifty closed today  at 5538.75, up 2.55 points or 0.05. The Nifty Benchmark ended at 5547.54 up 3.05 points or 0.06 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5622 above this level it would be in a bullish trend else below 5375 it might face more selling pressure.

RESISTANCE: It has first resistance close to the level of 5622 & above this level the next resistance is seen near the 5715 mark.

SUPPORT: It has first support close to the level of 5475 & below this level the next support is seen near 5375 mark.

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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.

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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

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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.

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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.

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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 

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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

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