Tuesday, January 18, 2011

Stock Market Tips For Intraday

Nifty (5655) : {Spot levels}
Support @ 5620 - 5580 - 5540 - 5500 - 5460
Resistance @ 5700 - 5735 - 5780 - 5810

SBI (2516) : 2490 is nearest and solid support. Upward side crosses and sustains above 2540 then expect stock to zoom to 2580 and 2600. Down ward side break below 2490 stock will turn weak and it will fall down towards 2455 and 2430.

Icicibank (1001) : 989 is strong support, break below it stock may fall down to 960 levels.

Aban (715) : Stock looks good to buy above 720 and weak below 705 on intraday basis.

Relinfra (735) : Stock looks weak on cards.

Relcap (574) : Stock looks weak on cards.

Canbank (528) : Looks weak on higher levels.

Titan (3425) : 3380 is nearest and crucial support for the day. Break below 3380 stock may fall down to 3310 and then 3270. Upward side cross over above 3490 it will zoom to 3550 and 3600 which is solid resistance on higher levels.

Tatamotors (1179) : Good to buy above 1190 and sell below 1170 only on intraday basis.

BOI (450) : Some buying interest is expected on lower levels. Upward side 452 is strong resistance for the day.

 TATS STEEL  - Time being worst is over and ready to sharp move..... We may consider support level 600-605 range... More details for paid clients only. 

JP ASSOCIATES  - We are very bearish below 98.... And our target is intact . On rise to selling strategy should be adopted. Sell Sell.

IDBI - Below 155 bear favour... down side major support and buying area as 135-137.... And forgot about the market and buy in small lots....Close eye today very near to strong support level..

SBI  - From 3515 to 2490.. Almost wipe out 1000 points of all time high... at the current level.. do not go short sell.... Keep a stop loss...............on closing basis and time to buy for quick profit..... 

AXIS BANK -  Excellent resulted and showing a base support at the level of 1190.. till then no problem in this stock.....

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