Nifty Intraday Tips: Market Prediction for Tomorrow

Indian Markets after outstanding rally on Tuesday, now looking for extending the bull run. Spot nifty could able to breach the psychological level of 5000 and closed at 5001 after adding 81.40 points to its previous close.

Nifty futures Also manages to close above 5000 mark at 5008 up by 74.85. Nowit is taking its next resistance near 5025 above which it could take some more up move and reach up to 5055-5070 for the day. Suport is lying in the zone of 4975- 4948.

Day Traders can go for Buy In Nifty above 5009 for the target of 5025-5055-5070 Stoploss below 4980.

Also Read-   Nifty Options Tips. 

Read more »

NIifty Position For 3 May 2011

The NSE benchmark index S&P CNX Nifty, down -48.20 points or -0.84 % at 5704.30, on the first trading day of the week on the back of selling pressure witnessed in the banking and consumer durables space.

The Nifty futures closed and settled finally at 5725.40, down by 28.40 or -0.49 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5660 else above resistance level of 5790 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 5790 & above this level the next resistance is seen near the 5950 mark.
SUPPORT: It has first support close to the level of 5660 & below this level the next support is seen near 5570 mark.

Read more »

Share Tips for Tomorrow

Intraday Tips for 8th March 2011 

JM Financial Ltd 

 Sell around 22.50 TG-22.10-21.60 SL-23.20

Oriental Bank of Commerce

Buy Above 352.50 Tg-356-358-360 SL-346.60

SAIL

Sell  Below 150 TG 148-147 SL-153.50

Airtel 

Buy Airtel On Low at 321 TG-324-326-328 SL-314 

Nifty Futures Tips – 

Buy Nifty Around 5455 TG-5485-5510 SL-5400 

Read more »