Nifty Intraday Tips for Today: Nifty Prediction

A late trade recovery in the market is giving a good signal of positive momentum in the market. As we anticipated earlier on Wednesday, the market unfolded the same way. Now Technically Nifty looking green for the day if it manages to stay above 5090 mark. A more prevailing bullish run is seen above 5121-5155 level. On the downside 5039 would barricade the positive view and it may slip down to 5009 mark.Traders should take their positions accordingly. 

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Bank Nifty Tips- Intraday levels for 29 June

In banking, CNX Bank Index gained 21.55 points or 0.20 %. Amongst the banking stocks Kotak Mahindra Bank, South Indian Bank and State Bank of Bikaner and Jaipur lead the row.

Bank Nifty Futures Today (On Tuesday) Closed at 11059.75 with the moderate gain of  0.20%. It is likely to trade with uptrend above the level of 11135 else below support level of 10990 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 to the level of 11240.
SUPPORT: It has first support close to the level of 10990 & below this level the next support is seen near 10810 marks.

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Nifty Futures Today and Intraday Technical Levels for 3 June, 2011

Indices failed to break into the positive terrain and slipped below the intermediate support levels as negative cues from European peers hurt sentiments. Most of the sectoral indices, barring defensives like FMCG and pharmaceuticals, were in the red. The S&P CNX NIFTY continuing its northward journey and closing the day down -41.65 points or -0.74 % at 5550.35.
The Nifty futures closed and settled finally at 5563, down by -27.45 points or -0.49 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5580 else below support level of 5520 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5580 & above this level the next resistance is seen near the 5630 mark.

SUPPORT: It has first support close to the level of 5520 & below this level the next support is seen near 5480 mark.

In banking, CNX Bank Index lost -194.15 points or -0.1.76 %. Amongst the banking stocks ICICI Bank, Yes Bank and Oriental Bank of Commerce lead the row.

Bank Nifty Futures shut stop at 10843 down by -105 points or -0.96 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10880 else below support level of 10770 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 10880 above this level the next resistance is seen near to the level of 10990.
SUPPORT: It has first support close to the level of 10770 & below this level the next support is seen near 10620 marks.

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Intrdaay Tips for Tomorrow- 17 May 2011

Nifty Futures-

Sell Nifty Futures below Rs 5470 for target of Rs 5435-5410 and stop loss of above Rs 5495.

else (If market trades positive)

Buy Above 5510 for the Targets of 5545-5590 stoploss below 5480

Bank Nifty Futures-

Sell Bank Nifty Futures below Rs 10820 for target of Rs 10750-10720 and stop loss above of Rs 10875.

Else buy above 1095 target 10950-11000 SL-10875.

Intraday Stock tips for Tomorrow 

Buy Lupin above 450.30 Target-455.00-460.00 Stop-loss- 444.00

Buy Deepak Fertilizers above 173.10 Target 175.20-176.40 Stop-loss-170.70

IRB Infra buy above 169.80 Taarget 171.40-172.80 SL-166.00

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INTRADAY TIPS FOR TODAY| Nifty Futures and Stock Intraday tips for 12 May 2011

Intraday Nifty and Bank Nifty Tips

Buy Nifty Around 5530 (on dips) For the targets- 5560-5580-5600 Stoposs 5480

Sell bank Nifty Futures around 10980 for target- 10720 SL-11080.


Stock Intraday Tips for Today

Apollo Tyres-

Buy Above 71.55 Target-72.30-73.20 SL-69.35

Glenmark Pharm

Buy Glenmark Pharma above 273.1 For the target of 275.65-278.20-280.00 Stoploss 268.70


Mastek Ltd.-

Sell Mastek Ltd if trades below 107.20 for the Target of 104-102.00

Buy Above 114.20 for the targets of 116.20-118-120.00 SL-110.00

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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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Nifty Technical View for 10 May 2011

The markets ended on a flat note today, after gyrating between zones during intra-day trades. The S&P CNX Nifty was down -0.35 points at 5551.10, after having recovered 48 points from the day's low of 5502.40. The international cues were not encouraging either.

The Nifty futures closed and settled finally at 5558.65, up by 3.65 or 0.07 %. 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 5595 & 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 5350 mark.

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Bank Nifty Futures Trend for 4 May 2011

CNX Bank Index lost -345.50 points or -3.07 %. Amongst the banking stocks Bank of India, Union Bank of India and Indian Overseas Bank lead the row.

Bank Nifty Futures shut stop at 10918.85 down by -365.15 points or -3.24 % It is looking bearish in the coming trading session if it manages to trade below the support level of 10860 else above resistance level of 11380 it would be in a upward trend.

RESISTANCE: It has first resistance close to the level of 11380 above this level the next resistance is seen near to the level of 11590.
SUPPORT: It has first support close to the level of 10860 & below this level the next support is seen near 10690 marks.

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