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Showing posts with label 100-sureshot-nifty-tips. Show all posts
Showing posts with label 100-sureshot-nifty-tips. Show all posts

Nifty July Futures : - Consider for this weeks time...5227-5214 & 5202 strong can handle where buy support will be seen, keep stop-loss of 5190 to your buys. Upwards part cross-over above 5281 it'll increase up to 5313 & ending above which 5328 & 5361 where promoting will be seen, keep stop-loss of 5363 to your shorts. In any better situation a near above 5363 only major up shift will begin.
Downward part a near below 5190 it'll drop down to 5167 & 5151-5134 originally. A near below 5136 it'll intensely collision down to 5104 & 5061-5028.

The BSE Sensex and NSE Nifty began off trade with a 1% gap down on Thursday due to frustrating outcomes by IT bellwether Infosys and poor international hints. Technological innovation, financial, energy and materials shares were under stress while pharmaceutical shares gained.

The lows of  4500 in the month of December we  hit 5400 on 07 Feb 2012 . Roughly a 18% gain. It was a clear indication that the markets will move up when the RBI announced a CRR cut. We were trading around 5050 in Nifty futures when the CRR cut was announced. The 200 DMA was around 5195 on the spot and we comfortably crossed that hurdle and now currently trading around 5400 levels. Around 5200 levels traders were talking about the over-bought situation in the front line stocks and the index. Indices were in no mood for a pause. Today Nikkei hits 3 month highs as the Auto giant Toyota raised the profit outlook and the strengthening of Yen boosted the sentiment. It is few notches away from hitting the 9000 mark.

Today we may trade above 5400 and there is a good chance that we may close above that level if there are no negative surprises from the EU.

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Intraday Nifty (5826) : {Spot levels}
Support @ 5805 - 5775 - 5750 - 5710 - 5675 - 5645
Resistance @ 5875 - 5910 - 5955 - 5985 - 6025

SBI (2720) : 2700 is nearest support for the stock, break below 2700 stock may fall down to 2650 which is strong support, breaks and sustains below 2650 then expect stock to fall down further to 2625 and 2605 where on lower levels 2590 are rock solid support. Upward side 2750 is nearest and 2785 is the resistance for the day. Crosses and sustains above 2785 then expect stock to zoom to 2830 and 2855.

Orchid (317) : 324 is the nearest resistance for the day, crosses and sustains above it then expect stock to zoom to 331 which is solid hurdle on higher levels, crosses and sustains above it then expect stock to spurt up further to 345 which is rock solid and major hurdle on higher levels. Down ward side 310 is nearest and 303 is strong support for the day.

Tatamotors (1242) : 1220 is nearest and 1200 are solid supports for the day. Crosses and sustains above 1264 then stock can zoom up further to 1285-13000 which is solid hurdle on higher levels. For buys keep sl of 1190 and for short positions keep sl of 1265

Tatasteel (626) : 620 is nearest and 614 is the support for the day. Upward side expect stock to zoom further to 636 which is strong resistance for the day.

Jswsteel (950) : Upward side 972 is nearest and strong resistance for the day. How ever crosses and sustains above 972 and then expect stock to zoom up further to 990 and 1007. Down ward side 935 is nearest and 920 is strong support for the day.

Aban (643) : Down ward side 630 is nearest and 615 is the support for the day, on declines buy keeping sl of 600. Upward side expect 665 and 680.

Hindoil (223) : Down ward side 216 is nearest and 210 is strong support for the day. Upward side 233 and 240 are expected in short span of time.