Thursday, 22 March 2012

Intraday Nifty Trading Tips

Intraday Nifty MARCH future: (5246) Sell considering 5275 & 5316-5340 solid resistances keeping stop loss of 5351. Downward side it'll fall down to 5195, 5146 & 5086, cover shorts around 5086 & buy fresh keeping stop loss of 5066.

Bank Nifty Stock MARCH Future: (10171) Sell considering 10266 & 10404 solid resistances keeping stop loss of 10493. Downward side it'll fall down to 10041, 9902 & 9678.

HINDALCO: (133) Sell considering 134.50 & 136.75 solid resistances keeping stop loss of 139. Downward side it'll fall down to 128.75 & 120.

JET AIR: (330) Sell considering 340-344 solid resistances keeping stop loss of 354. Downward side it'll fall down to 320, 313 & 302.

MARUTI: (1331) Sell considering 1352 a solid resistance keeping stop loss of 1357. Downward side it'll fall down to 1307, 1291 & 1267.
APOLLO TYRES: (79) Sell considering 80.75 & 83 solid resistances keeping stop loss of 85.50. Downward side it'll fall down to 75.25 & thereafter to 73.75 & 69.50.

AXIS Bank: (1177) Sell considering 1182 & 1213 solid resistances keeping stop loss of 1243. Downward side it'll fall down to 1143 & 1120.

Can Bank: (461) Sell considering 470 & 475 solid resistances keeping stop loss of 483. Downward side it'll fall down to 451, 444 & 434.

KOTAK Bank: (517) Sell considering 526 & 531 solid resistances keeping stop loss of 539. Downward side it'll fall down to 506 & 501.

OBC: (270) Sell considering 276-278 solid resistances keeping stop loss of 285. Downward side it'll fall down to 261 & 253.

SYNDICATE Bank: (110) Sell considering 111.50 & 114 solid resistances keeping stop loss of 116. Downward side it'll fall down to 104 & 101.

CENTURY: (325) Buy on declines considering 321.50 & 317 crucial supports keeping stop loss of 311. Upward side 347.50 & 358.50 crucial resistances. Crossover above 358.50 it'll spurt up to 380.
Downward side break below 311 it'll fall down heavily to 302 & 290.

BATA: (761) Break below 757 it'll fall down to 747 & 735, buy in panic keeping stop loss of 729. Upward side 777 & 785 crucial resistances. Crossover above 785 it'll spurt up to 803 & 813.

BOM DYEING: (530) Sell considering 551 a solid resistance keeping stop loss of 563. Downward side break below 525 it'll fall down to 515 & 501.

RIL: (737) Sell considering 750-755 solid resistance keeping stop loss of 765. Downward side it'll fall down to 725 & 718.

RCOM: (88.20) Sell considering 89.50 & 92 solid resistances keeping stop loss of 94. Downward side it'll fall down to 84.75 & 82.50.

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