Intraday Sure Tips

INTRADAY NIFTY STOCK :

As finally Nifty breake out in trading range 5600 and closed at 5654 but still trading below 200 DMA ,but trading above 50 DMA. However, more positive pattern would confirm if the Intraday Nifty closed decisively above 5700 level. On the other hand, in weekly chart, Stochastic and RSI are positive which suggest continuation of the up move. On the higher decisively crossover 5690-5700 range will test 5800-5850-5875, on the flip side , on the flip side, if unable to cross 5700 leve, may test 5550-5470 in near term. Now time to watchful of their long position as long as trade below 5700. 

TODAY:

After positive opening in Intraday Nifty was showing range bound situation. Its try to go 5800, but close below 5800. Above that we can see more upside. Now the important level to watch out for today intraday working resistance is 5801-5840. And support is 5753.

Trend decider of this Week - 5557

Resistance - 5765-5875

Support - 5446-5238

BSE INDEX

On the last week more than 900 points rally were saw and resulted almost closed near to 200 DMA. However Index has managed to closed above their resistance level, however clear path will be available, if cross successful 18950 with volume. Once this cross this level, first target 19000, then heading towards 19500-19650 in near term. If unable to cross resistance zone like 18950-19000 will mean that the bears are still holding their position. Above bear will cover their short and likely play for long side. 

TODAY:

After positive opening in the sensex was showing very good strength on positive side. It's tries to MR-19343 level but not maintains and closes below that level. Above that level more bullishness in the market. Now the important level to watch out for today intraday working resistance is 19343-19587. And support is 19178-19000.

Trend decider of this Week - 18490

Resistance - 19185-19555

Support - 18119-17423

IBREAL

Above 115 very hot...

Last and final resistance exit 130,

Thereafter power full up move. 

HDIL

Finally cross and closed 168 with heavy volume

Time to buy........and hold...............

Target 194.....

61.8@ retracement likely. 

SBI

We are in a buying mode above 2615

More added above 2800

And time to more added above 2875.

For target 2971-3189

We bought Call Option.

2800 @ 10 (two days before) Yesterday High 74.

2700 @ 30 yesterday high 170 

STERLITE

Ready to move.....

But think to buy only above

If cross ............

TATA STEEL

Strong based build up at lower level.

Which indicate big move in next series...

Close above 620 - real move.

We are accumulating... Call Option

Strike Price........

BANK OF INDIA

No .......IF and BUT

Above 469.. blind game of this counter

For target .............

ACC

Above 1000 bull favour

Above 1050 more added your long side

For target 1135........

No of times written in our paid News Letter 

ICICI BANK

Near to strong resistance...

Once crossover and stay with volume

Target 1150-1170...

Free NSE Intraday Tips

BSE index: (18816) Consider for this week...Expect it to move up further to 18955 & 19079 initially which is a crucial resistance to watch out for. A close above 19079 it'll spurt up further to 19363 & 19458, book profit at around 19458 for once.
Downward side 18661 a nearest & 18439-18325 a solid support, buy on declines keeping stop loss of 18238.

Nifty March Future: (5681) Consider for this week...5652 & 5627 nearest & 5570-5554 & 5531 a solid support, keep stop loss of 5491 to your buys.

Upward side expect it to rush up to 5731-5749 & 5762 initially which is a crucial resistance to watch out for. A close above 5762 it'll spurt up further to 5828-5844-5864, book profit around 5864 for once.
In any better scenario a close above 5864 only it'll surge up further to 5941-5980, sell on higher levels keeping stop loss of 5985 on a closing basis.

BPCL: (592) Buy. Expect 623 & 643.

DLF: (248) Crossover above 251 expect 257-259 & thereafter to 272.

HDFC Bank: (2261) Expect 2295 initially which is a crucial resistance to watch out for.

ICICI Bank: (1090) Crossover above 1007 it'll spurt up further to 1154 & 1171-1204.

JP ASSO: (90.35) Buy. Expect 98 & 104.

L&T: (1598) 1610-1627 crucial resistance area to watch out for.

RCOM: (107) Crossover above 108.50 it'll spurt up further to 114.50.

SBI: (2710) A close above 2720 rocket like up move will be seen.

 

INTRADAY NIFTY FUTURE

Nifty Future Closing : 5680
Watch carefully today's nifty magical figure... 5686
Buy Intraday Nifty Future above magical figure for upside
First target...   5715 and above it
Second target...    5751
and crosses over both it will come...    5773
Sell Nifty Future, if Nifty is running below magical figure then your downside
First target...    5652
Second target... 5626
Third target... 5598

SENSEX

(Closing - 18815)
Today's Sensex magical figure... 18833
Above magical figure upside targets ,
First target ... 18923
Second target...19020
Third target ... 19085
Sensex Running Below Magical Figure,
First target ....   18725
Second Target ... 18648
Third target ...18566

BANK NIFTY FUTURE

(Closing - 11451)
Today's magical figure...11500
Buy it above magical figure upside
First target ... 11600
Second target ... 11675
Third target...    11775
Sell it if running below Magical figure for downside:
First target ...11407
Second target...11364
Third target ... 11228

RELIANCE FUTURE

(Closing - 1031)
Today's magical figure... 1034
Buy it above magical figure upside targets
First target ... 1055
Second target ... 1071
Third target ... 1088
Sell it running below Magical figure for downside:
First arget ... 1014
Second target ...1000
Third target ... 987

SBI FUTURE

(Closing - 2725)
Today's magical figure... 2735
Buy it above magical figure upside
First target ... 2758
Second target ... 2790
Third target ... 2808
Sell it running below Magical figure for downside:
First target ...2691
Second target ...2660
Third target ... 2638

TCS FUTURE

(Closing - 1125)
Today's magical figure... 1135
Buy it above magical figure upside
First target ... 1147
Second target ... 1160
Third target ... 1175
Sell it running below Magical figure for downside:
First target ...1105
Second target ...1083
Third target ... 1062

L & T FUTURE

(Closing - 1606)
Today's magical figure... 1610
Buy it above magical figure upside
First target ... 1632
Second target ... 1660
Third target ... 1680
Sell it running below Magical figure for downside:
First target ...1586
Second target ...1566
Third target ... 1540

Best Stock Tips For Intraday

BSE index: (18351) Keep stop loss of 18269 to your buys. Upward side it'll rush up to 18445 initially which is a crucial resistance to watch out for. Crossover above 18445 it'll sustain on higher levels & move up further to 18480 & 18543.
Downward side break below 18269 it'll fall down gradually to 18238-18204, 18164 & 18100.

Intraday Nifty Stock March Future: (5550) 5531 a solid support, keep stop loss of 5510 to your buys. Upward side it'll rush up to 5597 initially. Crossover above 5597 it'll surge up further to 5648, book profit on higher levels.
Downward side break below 5510 it'll fall down to 5491-5483 & thereafter to 5466 & 5440.

ASHOK LEY: (56.25) Buy. Expect 57.50, 59 & 61.25.

ESCORTS: (138) 137.50 & 134.50 solid supports, buy.

SBI: (2652) Crossover above 2669 it'll spurt up heavily to 2719, 2736 & 2780.

UBI: (334) Buy. Expect 339 & thereafter to 344.

DENA Bank: (99.50) Buy keeping stop loss of 98.

UCO Bank: (103.50) Crossover above 104.50 it'll spurt up to 110.

KOTAK Bank: (445) Buy considering 441 a solid support keeping stop loss of 434. Upward side it'll spurt up to 450 & 459.

YES Bank: (293) Expect it to move up further to 305.

FED Bank: (379) Buy considering 374 a solid support keeping stop loss of 371. Expect 392, 396 & 401.

IDBI: (138) Crossover above 138.50 it'll spurt up to 143 & 146.

ORBITCO: (51.65) Crossover above 53 it'll spurt up to 60.

IB REAL: (118) Buy considering 117 a solid support keeping stop loss of 115. Upward side it'll rush up to 123.50 initially. Crossover above 123.50 it'll sustain on higher levels & flare up to 127 & 133.

BIOCON: (334) Crossover above 337 it'll spurt up to 344, 348 & 354.

JINDAL SOUTH: (904) Buy considering 900 a solid support keeping stop loss of 888. Upward side crossover above 920 it'll spurt up to 936, 945 & 961.

GT OFF: (245) Crossover above 250 it'll spurt up to 263.

Best Intraday Calls

The FIIs on Monday stood as net seller in equity and in debt. Gross equity purchased stood at Rs. 2086.10 Crore and gross debt purchased stood at Rs. 401.50 Crore, while the gross equity sold stood at Rs. 2540.90 Crore and gross debt sold stood at Rs. 468.50 Crore. Therefore, the net investment of equity and debt reported were Rs. (454.80) Crore and Rs. (67.00) Crore.

Top traded Volumes on NSE Intraday Nifty – Suzlon Energy Ltd. 13327092, Hindalco Industries Ltd. 10668392, Reliance Communications Ltd. 10101767, Jaiprakash Associates Ltd. 6341663, Infrastructure Development Finance Company Ltd. 4523762.

On BSE, total number of share traded was 30.45 Crore and total turnover stood at Rs. 3019.17 Crore. On NSE, total number of shares traded was 43.79 Crore and total turnover stood at Rs. 8290.89 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 719720 with a total turnover of Rs. 18217.65 Crore. Along with this total number of contracts traded in stock futures were 495021 with a total turnover of Rs. 12658.99 Crore. Total numbers of contracts for index options were 3414015 with a total turnover of Rs. 94015.27 Crore. and total numbers of contracts for stock options were 129051 with a total turnover of Rs. 3499.87 Crore.

Today, Nifty would have a support at 5,337 and resistance at 5,471 and BSE Sensex has support at 17,749 and resistance at 18,195.

On the global markets front, all the major indices in Asia closed in the positive terrain. The Nikkei225, Hang Seng, Straits Times, Seoul Composite and Shanghai Composite advanced by 2.72% at 9,206.75, 1.73% at 22,685.22, 1.63% at 2,983.51, 1.13% at 2,003.42 and 0.10% at 2,909.81 respectively.

European markets, which opened after the Indian market, traded on a positive note. Key benchmark indices like – CAC 40 was trading higher by 1.79% at 3,878.60, FTSE 100 advanced by 1.12% at 5,782.01 and in Frankfurt, the DAX index was trading up by 2.29% at 6,817.01.

The BSE Realty index was at 2,034.33 down by 18.9 points or by 0.92%. The main losers were D B Realty Ltd (Rs. 108.80, 3.20%), Phoenix Mills Ltd (Rs. 172.00, 3.02%), Housing Development & Infrastructure Ltd (Rs. 151.40, 2.61%), Unitech Ltd (Rs. 36.15, 2.43%) and Ackruti City Ltd (Rs. 218.35, 1.95%).

The BSE HC index was at 5,795.43 up by 8.67 points or by 0.15%. The main gainers were Opto Circuits India Ltd (Rs. 272.90, 4.20%), Lupin Ltd (Rs. 404.90, 3.22%), Cadila Healthcare Ltd (Rs. 760.20, 2.52%), Sun Pharmaceutical Industries Ltd (Rs. 444.00, 2.14%) and Ipca Laboratories Ltd (Rs. 293.70, 1.75%).

On the corporate front, shares of Ranbaxy Laboratories Ltd was down by 6.96% to Rs 435.95, amidst reports that the US pharmaceutical company Mylan Inc is suing the US Foods and Drugs Administration (FDA) for an injunction on the launch of Ranbaxy’s cholesterol treatment drug Aricept, which is a generic version of Pfizer’s Lipitor.

Today Intraday Call

On Thursday, the U.S. markets closed higher as stocks bounced back after reporting sizable losses for three straight sessions in reaction to a massive earthquake in Japan, subsequent failures at that country's nuclear facilities, and ongoing social and political crisis in the Middle East and North Africa. Buyers came back to trade with a broad-based bid that pushed the Dow and S&P 500 up more than 1%.

The Nasdaq also staged a strong gain, but lagged its counterparts amid weakness in Amazon.com (AMZN 160.97, -3.73), which descended to a new three-month low. Further, Energy stocks emerged as leaders during the session as the Energy Select SPDR (XLE 76.00, +2.25) spiked to a 3% gain.

The sector was also assisted by incline in crude oil prices. On the other hand, despite increase in oil prices, global delivery outfit FedEx (FDX 87.89, +2.61) was a top performer following its strong forecast, which overshadowed an earnings miss for the latest quarter.

Additionally, unimpressive guidance from Guess? (GES 37.71, -6.16) overshadowed the retailer's upside earnings surprise for the latest quarter. Further, a bunch of data were released which had little or no impact on trade such as initial weekly jobless claims for the week ended March 12 totaled 385,000, in line with the expected 386,000 initial claims.

Besides, consumer prices for February surged by 0.5%, above the expected 0.4% discount. None of data release managed to provide support for the dollar, which continued its fall against Japan's yen. Crude oil contracts for April closed higher by 3.5% to $101.42 per barrel, while April natural gas prices closed up by 5.7% at $4.16 per MMBtu.

In the major indices, the Dow Jones Industrial Average (DJIA) closed with a gain of 161.29 points or 1.39% at 11,774.59, while NASDAQ index finished higher by 19.23 points or 0.73% to 2,636.05. The S&P 500 (SPX) closed up by 16.84 points or 1.34% to 1,273.72.

The FIIs on Thursday stood as net seller in equity and net buyer in debt. Gross equity purchased stood at Rs. 2211.50 Crore and gross debt purchased stood at Rs. 1401.10 Crore, while the gross equity sold stood at Rs. 2336.00 Crore and gross debt sold stood at Rs. 549.70 Crore. Therefore, the net investment of equity and debt reported were Rs. (124.50) Crore and Rs. 851.40 Crore.

Top traded Volumes on NSE Nifty – Reliance Communications Ltd. 20898620, Jaiprakash Associates Ltd. 9851949, Suzlon Energy Ltd. 9676207, Hindalco Industries Ltd. 8563200, ITC Ltd. 7809038.

On BSE, total number of share traded was 22.92 Crore and total turnover stood at Rs. 2952.31 Crore. On NSE, total number of shares traded was 48.25 Crore and total turnover stood at Rs. 11061.27 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 711047 with a total turnover of Rs. 18184.91 Crore. Along with this total number of contracts traded in stock futures were 496402 with a total turnover of Rs. 12856.82 Crore. Total numbers of contracts for index options were 3029383 with a total turnover of Rs. 83863.80 Crore. and total numbers of contracts for stock options were 110249 with a total turnover of Rs. 3031.69 Crore.

Today, Intraday stock Nifty would have a support at 5,421 and resistance at 5,513 and BSE Sensex has support at 18,054 and resistance at 18,374.

Intraday Stock Option Tips

As mentioned yesterday, Intraday Nifty has given bearish breakout from the "Triangle" pattern for last 5-6 trading sessions, however it has got minor support around 5475-5480. Breakout from where can take Nifty to 5410-5420 in near future. 

On the other hand, if Nifty manages to survive this support & moves above 5540 then the bearish outlook will get negated & Nifty would be heading for 5625 & above in coming sessions. Nifty opened on a bearish note with downward gap of 35 points on extremely weak cues from US & Asian markets. 

Nifty not only covered the gap but entered the positive zone also however as soon as the news of earthquake in Japan hit the headlines. Nifty not only crashed by 80 points but futures of the World market also took the beating in sympathy with developments in Japan. Nifty touched an intra day low of 5411 before staging a moderate recovery to close at 5447 about 46 points below the previous close.

As far as, extreme short term charts are concerned, Nifty has been making lower tops & lower bottoms in hourly charts (although in extreme short term higher tops & higher bottoms are continuing).

Under the present technical setup Nifty has good support around 5400 & if this support is violated further decline to 5275-5250 may be expected which is a strong support zone for Nifty. On the bullish side, Nifty has resistance at 5525 & bullish crossover will take Nifty to 5600+ which is another strong resistance zone for Nifty. 

In short 2 levels i.e. 5275 & 5625 need to be observed carefully since breakout on either side can give a move of 250 points in the direction of breakout. 

As far as bar reversal in Daily charts are concerned, stocks like Reliance Ind., Tata Motors, HDIL, TTK Prestige, Satyam, Petronet, Can Bank, IOC, Power Grid, Tech Mahindra have given "Upward Bar Reversal" while Rel Capital, L&T, HDFC Bank, DLF Ltd., Wipro, United Spirits, Patni Computer, Hind Oil, PNB etc. have given "Downward Bar Reversal". 

Stocks like JHS Svangaard, Suryajyoti Spinning, Oswal Chem, HOV Services, Gulf Oil, Kaveri Tele, Koutons, Vishal retail, HSIL, Entegra have shown  spurt during the day with unusually high volumes.

Sector wise, most of the stocks like Tata Coffee, Assam Company, Escorts, Tata Tea, Exide Inds., XL Tele Energy, Mcleodrussel, HPCL, Tricom, Satyam etc. were among the top gainers of the day,  to close in positive territory whereas stocks like Educomp, Hitachi Home, Rel. Media, Surya Roshini, Murli Inds., Sintex Inds., Mphasis, S Kumars' etc. attracted profit booking at higher levels & closed in red territory. As far as, A/D data is concerned it was in favor of bears in the ratio of 1:3 with 369 advances & 1058 declines during the day.

In nutshell, Nifty is locked in 2 different "Triangle" patterns while smaller one has support at 5410 & resistance at 5525 & breakout on either side can give a move of 100 points. As far as larger "Triangle" is concerned it has good resistance around 5620 & support at 5275. Breakout from the "Triangle" pattern is capable of giving a move of 250-300 points in the direction of breakout. 

The fresh developments in Japan will dictate the overall economy of the World in short term which need to be analyzed before making any conclusions. 

The best strategy is to remain stock & sector specific as both bullish as well as bearish opportunities are available at present.

Intraday Shares Free Tips

BSE index: (18328) 18378 & 18482 crucial resistance up to which selling will be seen, keep stop loss of 18482 to your shorts. Downward side break below 18261 it'll fall down to 18156, 18092 & 17990.
Upward side crossover above 18482 it'll turn positive & spurt up to 18536, 18601 & 18665-18705.

Intraday Nifty March Future: (5508) 5526 & 5539 crucial resistances up to which selling on higher levels will be seen, keep stop loss of 5573 to your shorts. Downward side break below 5466 it'll fall down to 5435, 5417 & 5387.

Upward side crossover above 5573 it'll turn positive & surge up to 5595 & 5622 in a disguised manner.

REL MEDIA: (154.50) Crossover above 156.75 it'll spurt up to 163.25.

ESCORTS: (125) Buy considering 122.75-121.50 solid support keeping stop loss of 118. Expect 129.75-131.50 & 135.

RCOM: (99) Buy considering 96.50-95.75 solid support keeping stop loss of 93. Upward side crossover above 103.50 it'll shoot up to 107.50 & 114.

REL CAP: (527) Crossover above 532 it'll spurt up further to 541 & thereafter to 565. Downward side 515-512 solid support, keep stop loss of 500 to your buys.

AXIS Bank: (1288) Break below 1275 it'll fall down to 1248 & 1221.

BOB: (910) Break below 894 it'll fall down to 882 & 876.

SBI: (2590) Sell considering 2612-2618 solid resistance keeping stop loss of 2638. Downward side it'll fall down to 2549.

PNB: (1070) Break below 1057 it'll fall down to 1040, 1026 & 990.

SINTEX: (155) 152 & 149 solid support, buying on lower levels will be seen.

ESSAR OIL: (120) Keep sl of 123 & go short.

ONGC: (275) 270 a solid support, buying on lower levels will be seen.

DLF: (228) 223 a solid support if it remains intact then expect rally up to 240.

INTRADAY NIFTY FUTURE

Nifty Future Closing : 5504
Watch carefully today's nifty magical figure... 5509
Buy Intraday Nifty Future above magical figure for upside
First target...   5538 and above it
Second target...    5570
and crosses over both it will come...    5595
Sell Nifty Future, if Nifty is running below magical figure then your downside
First target...    5466
Second target... 5432
Third target... 5398

BANK NIFTY STOCK FUTURE

(Closing - 10878)
Today's magical figure...10912
Buy it above magical figure upside
First target ... 10968
Second target ... 11030
Third target...    10101
Sell it if running below Magical figure for downside:
First target ...10770
Second target...10700
Third target ... 10650

Shyam Advisory

According to Shyam Advisory : nifty (5521) : {Spot levels}

Support @ 5488 - 5450 - 5405 - 5370 - 5345 - 5300

Resistance @ 5535 - 5580 - 5615

SBI (2642) : 2665 is nearest and strong resistance for the day. Crosses and sustains above 2665 then expect stock to zoom to 2695 and 2730 which is solid hurdle on higher levels. Down ward side 2615 is nearest and 2600 is strong support for the day. Breaks and sustains belstockow 2600 then expect stock to fall down to 2565 which is strong support on lower levels, breaks below 2665 expect stock to fall down further to 2535 and 2510.

Kotakbank (423) : 428-435 are nearest and solid hurdles on higher levels. Downward side 400 is nearest and 390 is solid and crucial support for the day. Cross over above 435 expect stock to spurt up to 448 and 457 levels. 

BOI (461) : 466 is nearest resistance, cross over above 466 it will shoot towards 475 which is strong hurdle higher levels, however crosses and sustains above 475 then expect stock to spurt up further to 482 and 490 levels. Down ward side 454 is nearest and 444 is strong support for the day.

Canbank (625) : Crosses and sustains above 633 then expect stock to spurt up further.

Orchid (275) : 268 is nearest and 263 is solid support for the day. Buy on dips keeping sl of 260. Upward side 284 and 290 are the resistances.

Tatamotors (1162) : Buy on declines considering 1145 is nearest and 1130 is strong support keeping sl of 1120. Upward side 1185 and 1200 are resistances for the day, crosses and sustains above 1200 then expect stock to zoom to 1235 and then 1260. Down ward side breaks and sustains below 1120 then expect stock to fall down to 1085 and 1065 levels.

Tatasteel (616) : 624 is nearest resistance, crosses and sustains above it then we can expect stock to move up towards 636 in distinguish manner which is solid hurdle on higher levels. Down ward side 606 is nearest and 595 is solid support for the day.

Educomp (451) : 440 is nearest and rock solid and crucial support for the stock. Upward side 458 is nearest resistance, cross over above we can expect 468 and 474 where on higher levels 480 is solid hurdle. Down ward side break below 440 stock will turn weak and it will fall down to 426 and 420 levels.

Aban (617) : 606 is nearest and 597 is strong support for the day. Upward side crosses and sustains above 623 then expect stock to zoom to 635 and 646 levels.

Intraday Share Market Tips

The FIIs on Friday as net buyer in equity and debt. Gross equity purchased stood at Rs. 3464.70 Crore and gross debt purchased stood at Rs. 1765.30 Crore, while the gross equity sold stood at Rs. 3183.90 Crore and gross debt sold stood at Rs. 593.80 Crore. Therefore, the net investment of equity and debt reported were Rs. 280.80 Crore and Rs. 1171.50.

Top traded Volumes on NSE Nifty – Jaiprakash Associates Ltd. 2057303, Suzlon Energy Ltd. 13851095, Reliance Power Ltd. 12596290, Reliance Communications Ltd. 11284475, Hindalco Industries Ltd. 8571950.

On BSE, total number of shares traded was 24.91 Crore and total turnover stood at Rs. 3128.67 Crore. On NSE, total number of shares traded was 57.90 Crore and total turnover stood at Rs. 11712.65 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 620725 with a total turnover of Rs. 16142.36 Crore. Along with this total number of contracts traded in stock futures were 534423 with a total turnover of Rs. 13698.63 Crore. Total numbers of contracts for index options were 2609512 with a total turnover of Rs. 72698.89 Crore. and total numbers of contracts for stock options were 85201 with a total turnover of Rs. 2291.19 Crore.

Today, intraday nifty would have a support at 5,476 and resistance at 5,571 and BSE Sensex has support at 18,269 and resistance at 18,598.

On Friday, the U.S. markets closed lower despite a late flurry of buying lifted the Dow almost 90 points, which went in vain as participants overlooked an encouraging jobs report to focus on oil''s climb to a new two-year high. On the economic front, February nonfarm payrolls increased by 192,000 and private payrolls increased by 222,000, against the expected increases of 185,000 and 198,000, respectively. 

In addition to this, upward revisions to prior month data helped trim the headline unemployment rate to a 22-month low of 8.9% from 9.0% in January. However, interest created by the jobs report was restrained by increase in oil prices. The risk of spreading social and political unrest in the Middle East and North African region pushed the oil prices. Further, at session lows, the Dow was down 1.5%, the Nasdaq was down 1.1%, and the S&P 500 was down 1.4%. 

However, all the three major averages managed to trim losses in second half with the late resurgence of buying interest. Even though the broad market was able to slash a large part of its loss, financials closed with a loss of 1.3%, which made them the worst performing sector. Crude oil contracts for April closed higher by 2.5% to $104.42 per barrel while March natural gas prices finished 0.7% lower to $3.81 per MMBtu.

On the global markets front, all the major indices in Asia closed on a positive note. The Seoul Composite, Jakarta Composite, Shanghai Composite, Hang Seng and Nikkei225 advanced by 1.73% at 2,004.68, 1.38% at 3,542.90, 1.35% at 2,942.17, 1.24% at 23,408.86 and 1.02% at 10,693.66 respectively.

European markets, which opened after the Indian market were trading on a positive note. Key benchmark indices like – CAC 40 was trading higher by 0.58% at 4,084.47, FTSE 100 advanced by 0.71% at 6,047.89 and in Frankfurt, DAX index was trading up by 0.92% at 7,292.21.

The BSE Bankex index was at 12,444.59 up by 65.46 points or by 0.53%. The main gainers were Federal Bank Ltd. (Rs. 370.30,+2.73%), IndusInd Bank Ltd. (Rs. 238.85,+2.73%), Axis Bank Ltd. (Rs. 1328.30,+1.81%), HDFC Bank Ltd. (Rs. 2218.45,+1.16%) and Union Bank of India (Rs. 327.00,+0.96%).

The BSE CG index was at 12,950.74 down by 272.25 points or by 2.06%. The main losers were Gammon India Ltd. (Rs. 122.45, 4.86%), Larsen & Toubro Ltd. (Rs. 1610.80, 3.08%), Punj Lloyd Ltd. (Rs. 64.65, 2.49%), Areva T&D India Ltd. (Rs. 266.70, 2.31%) and Bharat Heavy Electricals Ltd. (Rs. 2085.00, 1.94%).

On the corporate front, share of Aurobindo Pharma Ltd surged 3.99% to Rs 183.55 following an assurance from Pfizer Inc that it would help the company to help resolve an import alert imposed by US regulators restricting the supply of medicines from an Aurobindo plant.

Intraday Free Nifty Trading Tips

Intraday Nifty Stock (5536) : {Spot levels}

Support @ 5475 - 5435 - 5400 - 5370 - 5345 - 5300

Resistance @ 5580 - 5605 - 5655 - 5690 - 5730

SBI (2682) : 2725 is nearest resistance, crosses and sustains above 2725 then expect stock to zoom to 2755 and 2785 where on higher levels 2800 and 2815 is solid hurdles. Down ward side 2655-2645 is nearest support for the day, break below 2645 stock will turn weak and it will fall down to 2610 and 2585 levels.

Kotakbank (415) : Cross over above 428 intraday stock trading will shoot up towards 438 and 445 levels. Down ward side 402 is nearest and 395 is strong support for the day.

BOI (458) : 466 is nearest and 475 is strong hurdle higher levels, however crosses and sustains above 475 then expect stock to spurt up further to 482 and 490 levels. Down ward side 452 is nearest and 445 is strong support for the day.

Titan (3453) : 3500 and 3535 are nearest and strong resistances.

Orchid (264) : 256 is nearest and strong support for the day. Upward side cross over above 272 stock will shoot up to 278 and 284 levels.

Relinfra (599) : Stock looks weak on the cards. 

Tatamotors (1176) : Cross over above 1185 stock will shoot to 1210 and then 1235 levels.

BSE index: (18490) Keep stop loss of 18253 to your buys. Upward side expect further up surges to 18654-18682 & 18808 where selling will be seen, keep stop loss of 18875 & go short on higher levels.
Downward side break below 18253 it'll turn weak & fall down to 18037 & 17904..

Nifty March Future: (5550) 5560 a nearest hurdle crossover above which it'll surge up further to 5616 & 5664, go short on higher levels keeping stop loss of 5688.

Downward side 5477 a crucial support break below which it'll fall down to 5415-5402 & 5357.

REL INFRA: (599) Sell considering 615 a solid resistance keeping stop loss of 625. Downward side it'll fall down to 591, 584 & 572.

RCOM: (93.25) 95.25-99 a solid resistance where selling will be seen, keep stop loss of 99 to your shorts.
Crossover above 99 it'll turn positive & spurt up to 103 & 111.

ESCORTS: (122) Buy or remain long considering 119.50 a solid support keeping stop loss of 117. Upward side crossover above 126.50 it'll spurt up to 132 & 137.

JET AIR: (444) Buy considering 438 a solid support keeping stop loss of 422. Upward side it'll spurt up to 457.50 & 470-477.

HERO HONDA: (1502) Buy keeping stop loss of 1475. Upward side it'll spurt up to 1525 & thereafter to 1569.

BAJAJ AUTO: (1350) Buy or remain long considering 1330 a solid support keeping stop loss of 1320. Upward side it'll spurt up to 1395.

SBI: (2690) Buy keeping stop loss of 2658. Upward side crossover above 2721 it'll spurt up to 2760-2770.
Downward side break below 2658 it'll fall down to 2619.

BOI: (458) Buy keeping stop loss of 447.50. Upward side it'll spurt up to 471 & 477.

INDUSIND Bank: (232) Buy keeping stop loss of 227. Upward side it'll spurt up to 246.
Downward side break below 227 it'll fall down to 216.

LUPIN: (398) 409 a solid resistance if it remains intact then selling will be seen.

Free Stock Market Tips For Intraday

On the corporate front, shares of Ranbaxy Laboratories Ltd rose 4.30% to Rs 452.50 after the company has bagged received final approval from the United States Food and Drug Administration to market Onadansetron tablets.

The BSE Bankex index was at 12,355.22 up by 514.88 points or by 4.35%. The major gainers were IndusInd Bank (6.26%), YES Bank (6.01%), ICICI Bank (5.66%), Bank of India (5.59%) and Axis Bank (5.25%).

The BSE Auto index was at 8,718.22 up by 465.30 points or by 5.64%. The main gainers were Ashok Leyland (11.46%), Bharat Forge (8.74%), Mahindra & Mahindra (8.36%), Maruti Suzuki (7.14%) and Apollo Tyres (7.09%).

European markets, which opened after the Indian stock market were trading on a positive note. Key benchmark indices like – CAC 40 was trading higher by 0.62% at 4,135.97, FTSE 100 advanced by 0.39% at 6,017.28 and in Frankfurt, DAX index was trading up by 0.83% at 7,332.84.

INTRADAY NIFTY STOCK FUTURE

Nifty Future Closing : 5338
Watch carefully today's nifty magical figure... 5348
Buy Nifty Future above magical figure for upside
First target...   5380 and above it
Second target...    5420
and crosses over both it will come...    5458
Sell Nifty Future, if Nifty is running below magical figure then your downside
First target...    5310
Second target... 5285
Third target... 5258

SENSEX

(Closing - 17823)
Today's Sensex magical figure... 17850
Above magical figure upside targets ,
First target ... 17950
Second target...18065
Third target ... 18180
Sensex Running Below Magical Figure,
First target ....   17740
Second Target ... 17666
Third target ...17585

BANK NIFTY FUTURE

(Closing - 10443)
Today's magical figure...10450
Buy it above magical figure upside
First target ... 10533
Second target ... 10621
Third target...    10716
Sell it if running below Magical figure for downside:
First target ...10351
Second target...10260
Third target ... 10200

HDFC BANK FUTURE

(Closing - 2051)
Today's magical figure... 2050
Buy it above magical figure upside targets
First target ... 2090
Second target ... 2110
Third target ... 2130
Sell it running below Magical figure for downside:
First arget ... 2016
Second target ...1986
Third target ... 1957

REL CAPITAL FUTURE

(Closing - 475)
Today's magical figure... 477
Buy it above magical figure upside
First target ... 487
Second target ... 497
Third target ... 508
Sell it running below Magical figure for downside:
First target ...466
Second target ...458
Third target ... 446