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Monday, January 31, 2011

Nifty Futures Outlook For Tomorrow 01-Feb 2011

It was a volatile day for the Indian Stock Market. The equity market moved and remained in the range of 5550-5530 due to the lack of cues but short coverings helped nifty futures to pare losses in the half an hour of trade and end moderately lower. Nifty Futures closed at 5524.40, down 6 points or 0.22 %.

Nifty is looking bearish in the coming trading session if it manages to trade and consolidate below the support level of 5350 else above 5625 it would be bullish in trend. One can adopt the strategy of sell at higher level.

Resistance: it has first resistance close to the level of 5560 & after it may face the next resistance close to the level of 5625

Support: it has first support close to the level of 5410 & after it may get the next support close to the level of 5350.

Bank Nifty Intraday Views For Tomorrow 01-Feb 2011

Bank nifty had a volatile trading session it moved and remained in the range of 10440-10722. Bank Nifty Futures closed at 10660, up 24.05 points or 0.23 %.In bank sector Canara Bank, Bank of Baroda and Union Bank of India lead the row which made bank nifty to close into green. It is looking bearish in the coming trading session if it manages to trade below the support of 10385 else it has resistance at 10760 above this level it would be bullish in trend.

RESISTANCE: It has first resistance close to the level of 10760 & after it may face the next resistance close to the level of 10850.

SUPPORT: It has first support close to the level of 10385 & after it may get the next support close to the level of 10270. 

Friday, January 28, 2011

Bank Nifty Levels for Monday 31-Jan 2011

Bank Nifty Future also saw sharp down fall and closed near to its days low. Its down fall will continue in next trading session. One should adopt a strategy of sell at higher level. . Support for Bank Nifty Future is at 10555/10385 and It has Resistance is at 10950/11255 levels.

RESISTANCE: It has first resistance close to the level of 10950 & above this level the next resistance is seen near the 11255 mark.

SUPPORT: It has first support close to the level of 10955 & below this level the next support is seen near 10338 marks.

Intraday Nifty Futures Levels For 31-Jan

Nifty Future was in continuous down trend last week and breached its support of 5500 and tested 5485 level. It can continue down trend in coming trading session. One should adopt the strategy of sell at higher level. Support for nifty Future is at 5470/5412 and Resistance is at 5622/5682 levels.

RESISTANCE: It has first resistance close to the level of 5622 & above this level the next resistance is seen near the 5682 mark.

SUPPORT: It has first support close to the level of 5470 & below this level the next support is seen near 5412 mark.

Thursday, January 27, 2011

Bank Nifty Futures Outlook For Tomorrow

Bank Nifty Future also saw sharp down fall and closed near to its days low. Its down fall will continue in next trading session. Support for Bank Nifty Future is at 10555/10385 and It has Resistance is at 10950/11255 levels.

RESISTANCE: It has first resistance close to the level of 10950 & above this level the next resistance is seen near the 11255 mark.

SUPPORT: It has first support close to the level of 10955 & below this level the next support is seen near 10338 marks.

Nifty Trends For Tomorrow 28-Jan

Nifty future had seen sharp down fall and closed below 200 Days Moving Average. Its down fall will continue in coming trading session. One should adopt a strategy of sell at higher level. Support for Nifty Future is at 5542/5508 and Resistance is at 5715/5800.

RESISTANCE: It has first resistance close to the level of 5715 & above this level the next resistance is seen near the 5800 mark.

SUPPORT: It has first support close to the level of 5542 & below this level the next support is seen near 5508 mark.

Tuesday, January 25, 2011

Intraday Levels for Bank Nifty Futures 27-Jan

Bank Nifty Futures also saw sharp down fall. Its down fall will continue in next trading session. If Bank Nifty Breaks 11744 level we can see some correction in it. One should wait for proper break out on either side. Support for Bank Nifty 10800/10744 Resistance is at 11185/11325 levels.

RESISTANCE: It has first resistance close to the level of 11185 & above this level the next resistance is seen near the 11325 mark.

SUPPORT: It has first support close to the level of 10800 & below this level the next support is seen near 10744 marks. 

Nifty Futures Trend For 27-Jan

Nifty Futures had seen sharp down-fall after RBI monetary policy set and closed near to its days low. It is expected that down fall may continue in coming trading session. One should follow the strategy of sell at higher levels and buy on dips. Support for Nifty Future is at 5668/5628 and Resistance is at 5760/5800 levels.

RESISTANCE: It has first resistance close to the level of 5760 & above this level the next resistance is seen near the 5800 mark.

SUPPORT: It has first support close to the level of 5668 & below this level the next support is seen near 5628 mark.


Monday, January 24, 2011

Bank Nifty Levels for Tomorrow 25-Jan

Bank Nifty saw good recovery in last trading session after good result of ICICI Bank and its up trend will continue in coming session if it breaks 11185 level. One should take position after proper break out. Resistance for Bank Nifty Future is at 11185/11325 and Support is at 10990/10745 levels 

RESISTANCE: It has first resistance close to the level of 11185& above this level the next resistance is seen near the 11325 mark.

SUPPORT: It has first support close to the level of 10990 & below this level the next support is seen near 10745 marks. 

Nifty Futures For Tomorrow 25-Jan

Nifty Future saw a smart recovery in earlier session but still manages its range of 5755-5632 and closed in flat note. It can take up-moves in coming trading session if it manages to sustain above 5760 level. One should wait for proper break out. Resistance for Nifty Future is at  5760/5870 and it has support at 5668/5625 levels.
RESISTANCE: Nifty Futures has first resistance close to the level of 5760 & above this level it may find next resistance near 5870 mark. 

SUPPORT: Nifty Futures has first support close to the level of 5668 & below this level the next support is seen near 5525 mark.   

Thursday, January 20, 2011

Share Tips For Intraday Tomorrow

Buy Wipro Ltd. on dips for target of Rs 482-485-490 and stoploss of Rs 470.

Buy Dena Bank above 106 for target of Rs 107.50-108.40-110 and stoploss of Rs 104.

Sell Sasken Comm Tech Ltd below 164 for target of Rs 162-160-157 and stoploss of Rs 169. 

Intraday Bank Nifty Tips for Tomorrow 21-Jan

Bank Nifty had seen smart recovery from its bottom and closed near to its resistance level. It may take upside move in coming trading session. One should wait for proper break out on either side. Resistance for Bank Nifty is at 10955/11080 whereas support is at 10745/10500 levels.
RESISTANCE: It has first resistance close to the level of 10955 & above this level the next resistance is seen near the 11080 mark. 

SUPPORT: It has first support close to the level of 10745 & below this level the next support is seen near 10500 marks. 

Nifty Views and Trading Levels For Tomorrow 21-Jan

Nifty Future is looking volatile and moving under the range of 5753-5629 from last few trading session. Today it closed near to its resistance level, that indicates it may take up move in coming trading session till 5820. On the other side if it breaks 5625 level then it may take some correction. One should wait for proper break out on either side. Nifty Future could find resistance at 5755/5885, support at 5625/5560 levels.

RESISTANCE: It has first resistance close to the level of 5755 & above this level the next resistance is seen near the 5885 mark.

SUPPORT: It has first support close to the level of 5625 & below this level the next support is seen near 5560mark.

Wednesday, January 19, 2011

Nifty Futures Tips for 20th Jan. Thursday

Nifty Future was volatile in last trading session and faced difficulty to sustain at higher levels. Nifty Future closed below 5700 level, it may take some correction  below 5630 level in coming trading session, One should adopt the strategy of sell at higher levels. Support is at 5624/5540 while  Resistance is at 5755/5885 levels
 
RESISTANCE: It has first resistance close to the level of 5755 & above this level the next resistance is seen near the 5860 mark.

SUPPORT: It has first support close to the level of 5621 & below this level the next support is seen near 5540 mark. 
     
Bank Nifty was also was not able to sustain at higher level and closed near to its days low. It may take some more selling in coming trading session. One should adopt the strategy of sell at higher level. Support for Bank Nifty is at 10530/10385. Resistance is at 10745/10955 levels. 

RESISTANCE: It has first resistance close to the level of10745 & above this level the next resistance is seen near the 10955 mark.

SUPPORT: It has first support close to the level of10530  & below this level the next support is seen near 10385    marks.

Tuesday, January 18, 2011

Nifty Resistance and Support for 19th Jan. Wed.

Nifty Future moving under tight range from last two trading session and not able to break 200 Days Moving Average, Nifty Future is forming Higher bottom pattern. It is signal of uptrend and closed near to its days high. Nifty future can take up move above 5755 level . IF it breaks 5620 level we can see some more correction in it. One should wait for proper break out Resistance is at 5755/5860 and It has support at 5672/5630.
 
RESISTANCE: It has first resistance close to the level of 5755 & above this level the next resistance is seen near the 5860 mark.

SUPPORT: It has first support close to the level of 5670& below this level the next support is seen near 5630 mark.
     
Bank Nifty Future saw recovery from its bottom level and closed near to its days high, Bank Nifty may take up move above 10725 level in coming trading session. One should take position after proper break out, Resistance for Bank Nifty is at 10955/11185 and it has support at 10300/10171.

RESISTANCE: It has first resistance close to the level of10955& above this level the next resistance is seen near the 11185 mark.
 
SUPPORT: It has first support close to the level of10300 & below this level the next support is seen near 10171 marks.

Monday, January 17, 2011

Free Equity Tips on Mobile

Free Equity Market Tips for Tuesday 18th Jan., 2011

Buy RIL at/above: 1000.14 Targets: 1007.55 - 1015.5 Stoploss : 992.25

Sell ITC Ltd. at/below: 169 Targets: 165.84 - 162.64 Stoploss : 172.26

Buy Lupin Ltd. at/above: 467.64 Targets: 472.82 - 478.27 Stoploss : 462.25

Buy Grasim Industries Ltd. at/above: 2437.89 Targets: 2449.02 - 2461.4 Stoploss : 2425.56

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18th January Tuesday Nifty Technical View

Nifty Future moved under a tight range after sharp fall in last week and closed in flat note amid choppy session. If it manages to sustain below 5620 level we can see some more down trend in it. One should wait for proper break out. Support for Nifty Future is at 5600/5565 and resistance is at 5730/5860 levels.

RESISTANCE: It has first resistance close to the level of 5730 & above this level the next resistance is seen near the 5860 mark.

SUPPORT: It has first support close to the level of 5600& below this level the next support is seen near 5565 mark.

Bank nifty future also moved under tight range and closed on flat note. One should wait for proper break out on either side. If Bank Nifty future breaks 10300 level we can see some more correction in it. Support for Bank Nifty is at 10300/10171 and Resistance is at 10845/10955.

RESISTANCE: It has first resistance close to the level of10845& above this level the next resistance is seen near the 10955 mark.

SUPPORT: It has first support close to the level of10300 & below this level the next support is seen near 10171 marks.

Friday, January 14, 2011

Technical View on Nifty Futures for Monday 17th, Jan. 2011


Nifty future had seen sharp correction below 5700 level after increasing inflation and on concerns that the Reserve Bank may hike interest rate, and closed near  its days low. It can take more correction in coming trading session. One should adopt strategy of sell at higher level. Support for nifty future is at 5597/5515 and Resistance is at 5790/5860 levels.

RESISTANCE: It has first resistance close to the level of  5790 & above this level the next resistance is seen near the  5860 mark. 

SUPPORT: It has first support close to the level of 5598& below this level the next support is seen near 5515 mark. 
            
Bank nifty had seen sharp correction in last trading session, after increasing inflation and on concerns that the Reserve Bank may hike interest rate. Bank nifty closed at 10439 levels and continues its bearish trend. One should adopt the strategy of sell at higher levels. Support for bank nifty is at 10300/10171 and Resistance is at 10600/10955 levels.

RESISTANCE: It has first resistance close to the level of10600 & above this level the next resistance is seen near the 10955  mark. 

SUPPORT: It has first support close to the level of10300 & below this level the next support is seen near 10171   marks. 

Thursday, January 13, 2011

Analysts take on NSE Nifty (14th Jan., 2011) Friday


Nifty future was volatile in last trading session and could not sustain at higher level. If it breaks 5700 level, It may take more sharp fall, One should take position after proper break out. Support for Nifty Future is at 5700/5670 and Resistance is at 5885/5925 levels.

RESISTANCE: It has first resistance close to the level of  5885 & above this level the next resistance is seen near the  5925  mark. 

SUPPORT: It has first support close to the level of 5700 & below this level the next support is seen near 5670  mark. 


Bank nifty had seen sharp fall in last trading session and If it breaks 10632 level then we can expect some more down trend. One should take position after proper break out only. Support for bank nifty is at 10630/10565 and Resistance is at 11185/11324 levels.
      
RESISTANCE: It has first resistance close to the level of 11185 & above this level the next resistance is seen near the 11324 mark.
      
SUPPORT: It has first support close to the level of 10630 & below this level the next support is seen near 10565 marks. 

Tuesday, January 11, 2011

NSE Nifty Trend for Wednesday 12th Jan.


Nifty Future manages its strong support of 5700 level and saw a strong recovery in last hour. It is a good sign of recovery. But one should take position after proper break out. Support for nifty future is 5700/5670 and has resistance is at 5860/5915 levels.
            
RESISTANCE: It has first resistance close to the level of 5860 & above this level the next resistance is seen near the 5915 mark. 

SUPPORT: It has first support close to the level of 5700 & below this level the next support is seen near 5670  mark.  

Bank Nifty had short covering after a sharp fall in last days ,and closed near to its days high .It can take more up move from here .One should take position after proper  break out. Resistance for bank nifty is at 11140/11324 and support is at 10633/10565 level.
            
RESISTANCE: It has first resistance close to the level of 11140& above this level the next resistance is seen near the 11324 mark. 

SUPPORT: It has first support close to the level of 10633 & below this level the next support is seen near 10565  marks.  

Monday, January 10, 2011

Technical view on Nifty Futures for 11th Jan. Tuesday

Nifty future had sharp fall in Monday's trading session and closed near to its support level, 5700 is very crucial support level. If nifty breaks this level we can see some more fall in it. One should take position after proper breaks out. Support for Nifty future is at 5725/5670 and Resistance is at 5860/5915
          
RESISTANCE: It has first resistance close to the level of 58600 & above this level the next resistance is seen near the 5915 mark.

SUPPORT: It has first support close to the level of 5725 & below this level the next support is seen near 5670  mark.
 
Bank nifty future had continuous down fall from last week and closed near to it support level, One should wait for proper break out in it. Support for Bank nifty is at  10565/10300 and resistance is at 10964/11140.
          
RESISTANCE: It has first resistance close to the level of 10964 & above this level the next resistance is seen near the 11140mark.

SUPPORT: It has first support close to the level of 10565 & below this level the next support is seen near 10300 marks.

Saturday, January 8, 2011

Share Market Tips for Indian Intraday Traders

Free tips of share market for Indian traders and investors for the week starting Monday 10th January, 2011 till Friday 14th January, 2011. These tips for share market trading are for intraday, weekly and swing trading strategies.

You can also get share market tips on mobile by SMS during live trading hours by registering here.

Free Share Market Trading Tips for Wednesday 12th January, 2011

Buy Hindustan Zinc Ltd. at/above: 1387.56 Targets: 1396.19 - 1405.54 Stoploss : 1378.26

Sell Kotak Mahindra Bank Ltd. at/below: 415.14 Targets: 410.26 - 405.21 Stoploss : 420.25

Sell Bajaj Auto Ltd. at/below: 1305.01 Targets: 1296.64 - 1287.65 Stoploss : 1314.06

Buy HCL Technologies Ltd. for 1 week at/above: 478.51 Targets: 483.75 - 489.27 - 494.81 - 500.39 Stoploss : 473.06

Free Share Market Trading Tips for Monday 10th January, 2011

Buy Bharti Airtel Ltd. at/above: 342.25 Targets: 346.71 - 351.38 Stoploss : 337.64

Buy Power Grid Corporation of India Ltd. at/above: 100 Targets: 102.46 - 105 Stoploss : 97.51

Buy Sesa Goa Ltd. at/above: 333.06 Targets: 337.47 - 342.07 Stoploss : 328.51

Buy Hindalco Industries Ltd. at/above: 236.39 Targets: 240.12 - 244.01 Stoploss : 232.56

Sell Aban Offshore Ltd. at / below: 763.14 Targets: 756.62 - 749.76 Stoploss : 770.06

Sell Ashok Leyland Ltd. at/below: 60.06 Targets: 58.16 - 56.27 Stoploss : 62.01


Buy NTPC for 1 week at/above: 199.51 Targets: 202.96 - 206.53 Stoploss : 196

Buy Reliance Power Ltd. for 1 week at/above: 156.25 Targets: 159.31 - 162.48 Stoploss : 153.14

Friday, January 7, 2011

nifty Futures Technical overview for Next trading Week


Nifty future had sharp fall in last trading session and closed below its psychological level. In coming week we can see smart Pull back in it. One should take position after proper break out. Support for nifty future is at 5863/5750 and Resistance 5980/6030.
            
RESISTANCE: It has first resistance close to the level of 5980& above this level the next resistance is seen near the 6030 mark. 

SUPPORT: It has first support close to the level of 5863 & below this level the next support is seen near 5750  mark.  

For Premium Tips in Stocks and Commodity:- Click Here

Bank nifty futures had sharp fall in last trading session, If it break 11040 level we can see more correction in it. One Should take position after proper break out in either side. Support for bank nifty is at 11041 /10920 and Resistance is at 11350/11445 levels.
            
RESISTANCE: It has first resistance close to the level of 11350& above this level the next resistance is seen near the 11445 mark. 

SUPPORT: It has first support close to the level of 11041 & below this level the next support is seen near 10920 marks. 

Stock Market Outlook and Review

Indian Market:

Equity benchmarks were consistently trading lower - the Sensex lost around 150 points amid volatility. Downtrend in financial, auto and realty companies' shares were on sellers' radar on the back of news that RBI may increase interest rates in a policy meet scheduled by end of January.

30-share BSE Sensex was trading at 20,180, with loss of 120 points and the 50-share NSE Nifty fell 32 points to 6,047. Breadth was also in favour of declines; about 301 shares advanced as against 992 shares declined on Bombay Stock Exchange.

Reliance Industries today said it has allotted 2.86 lakh shares, currently worth about Rs 30.81 crore, to company workers under its Employees Stock Option Scheme (ESOS).

Fuel exports from India's west coast climbed 57 percent in December as Reliance Industries Ltd. boosted shipments from the world's largest refining complex to the U.S., Africa and the United Arab Emirates.

Global Cues:

Asian stocks edged higher today, 6 January 2011, as a stronger dollar boosted earnings prospects for exporters and reports in the US signaled a broadening of the economic recovery. The key benchmark indices in Singapore, China, Japan, South Korea and Taiwan rose by between 0.03% to 1.17%.

US stocks gained on Wednesday, 5 January 2011, on encouraging data from the labor market and service sector pointed to a firming economic recovery. The Dow Jones Industrial Average added 31.71 points, or 0.27%, at 11722.89.

Record high food prices are moving to the top of the agenda for many Asian policymakers as the prospect of higher inflation in 2011 poses a major threat to the region's strong revival from the global financial crisis.

China has been increasing its holdings of European government debt, including that issued by Spain, vice commerce minister Gao Hucheng was quoted as saying on Thursday.

Thursday, January 6, 2011

Nifty Futures: Next Trading Session Trading Strategy (Fri. 07th Jan. 2011)


Nifty future is still trading on weak note. We can see some more correction in coming trading session. One should adopt a strategy of sell at higher level. Support for nifty future is at 6000/5966 and Resistance is at 6150/6208 levels.
  
RESISTANCE: It has first resistance close to the level of 6150 & above this level the next resistance is seen near the 6208 mark. 

SUPPORT: It has first support close to the level of 6000 & below this level the next support is seen near 5966 mark. 

Bank nifty had sharp down fall in last trading session. We can see some more down fall in coming trading sessions. One should adopt a strategy of sell at higher level, Support for bank nifty future is at 11180/11040 and Resistance is at 11440/11665 level.
            
RESISTANCE: It has first resistance close to the level of 11440 & above this level the next resistance is seen near the 11665 mark. 

SUPPORT: It has first support close to the level of 11180 & below this level the next. 

Equity Market Review

Indian Market:

Equity benchmarks saw a profit taking on Wednesday on the back of sell-off in financial, auto, metal, realty, telecom and capital goods companies' shares. The benchmark Nifty slipped below 6100-mark in second half of trade, especially after a fall in global markets.

Bank index was at 12,807.76, down by 313.36 points or by 2.39%.Realty index was at 2,773.93, down by 64.61 points or by 2.28%. Auto index was at 9,970.03, down by 192.21 points or by 1.89%and FMCG index was at 3,763.42, up by 7.70 points or by 0.21%.

Infrastructure Development Finance Company
said on Wednesday it will open sale of tax-free infrastructure bonds with a face value of Rs 5,000 each on January 17, raising upto Rs 2929 crore for the firm.

Gujarat NRE Coke sees demand for coking coal from its Australian unit 'rising substantially' after floods there hit supplies to Asian steelmakers.

Global Cues:

Asian shares edge lower on Wednesday, 5 January 2011, as investors reigned in the solid New Year momentum that fueled markets the previous day. The key benchmark indices in China, Indonesia, Japan, Singapore, South Korea and Taiwan fell by between 0.04% to 0.7%. Hong Kong's Hang Seng was flat.

European shares ticked lower in early trade on Wednesday after strong gains in the previous two sessions, with weaker chemical shares outpacing a rise in telecommunications stocks.

China will let the yuan rise about 5 percent against the dollar in 2011 to combat inflation, an official newspaper said on Wednesday, while a former central bank adviser said the country needs to free up the currency.

Portugal will pay almost twice as much to sell six-month paper on Wednesday as it did in September, keeping the country at the sharp end of persistent market concerns about euro zone debt.

Wednesday, January 5, 2011

Technical View on Nifty Futures for 06th Jan. 2011


Nifty future had a sharp fall in last trading session and closed on a negative note. It can take some more correction in coming trading session, One should adopt  a strategy of sell at higher level until it sustain above 6200 level, Support for nifty future is at 6068/6041 and Resistance is at 6150/6182 level. 
            
RESISTANCE: It has first resistance close to the level of 6150 & above this level the next resistance is seen near the 6182 mark. 

SUPPORT: It has first support close to the level of 6068 & below this level the next support is seen near 6014 mark.  

Bank nifty had sharp fall in last trading session. It can take some more correction in coming session. One should adopt a strategy of sell at higher level. Support is at 11260/11180 and Resistance is at 11478/11570.

RESISTANCE: It has first resistance close to the level of 11478 & above this level the next resistance is seen near the 11570 mark. 

SUPPORT: It has first support close to the level of 11260 & below this level the next support is seen near 11180 marks. 

Share Market Review Today

Indian Market:

Nifty snapped four-day winning streak on Tuesday and closed the rangebound session with moderate losses; it saw consolidation around 6150 level. The sell-off in financial, telecom, capital goods, auto and realty companies' shares weighed on markets.

30-share BSE Sensex
closed at 20,498.72, with loss of 62.33 points and the 50-share NSE Nifty fell 11.25 points to settle at 6,146.35. Even the Nifty January futures' premium trimmed to 12 points from earlier 20-25 points.

Bank index
was at 13,121.12, down by 333.16 points or by 2.48%. Realty index was at 2,838.54, down by 32.05 points or by 1.12%. Consumer Durables index was at 6,416.70, down by 37.94 points or by 0.59%, FMCG index was at 3,755.72, up by 62.69 points or by 1.70%

GAIL (India) has reportedly entered into an agreement with Oil and Natural Gas Corporation (ONGC), under which it will exclusively purchase and market the natural gas produced from the latter's various fields during the next three years

Global Cues:

Asian markets rose for the second straight trading day of the New Year on Tuesday, 4 January 2011 buoyed as global shares resumed their rally on stronger global manufacturing data. The key benchmark indices in China, Hong Kong, Indonesia, Japan, South Korea, Singapore and Taiwan rose by between 0.12% to 1.42%.

European stocks
climbed, extending the Stoxx Europe 600 Index's biggest advance in almost two weeks as mining shares rallied. Asian stocks also advanced, while U.S. futures were little changed.

U.S. stocks greeted the new year with a rally on Monday as encouraging signs about the outlook for manufacturing around the world prompted investors to inject new money into the market.

U.S. manufacturing
grew at its fastest pace in seven months in December, extending a recent run of encouraging economic data and suggesting that expansion of the world's biggest economy will accelerate in 2011

Tuesday, January 4, 2011

Technical View on Nifty Futures for 05th Jan. Wed.


Nifty future was volatile in last trading session and moved between tight range of 6200-6130. If it breaks 6100 level we can see some more correction in it. In upward if it manages 6200 level we can see up move till 6300 levels. Resistance for Nifty future is at 6241/6331 and support is at 6131/6068 levels.

RESISTANCE: It has first resistance close to the level of 6241 & above this level the next resistance is seen near the 6331 mark. 

SUPPORT: It has first support close to the level of 6131& below this level the next support is seen near 6068 mark.

Bank nifty future had a sharp down fall in last trading session, If it breaks 11570 level, we can see some more correction in it. One should adopt a strategy of sell at higher level. Resistance for Bank nifty is at 11735/11875 and support is at 11570/11455. 

RESISTANCE: It has first resistance close to the level of 11735 & above this level the next resistance is seen near the 11850 mark. 

SUPPORT: It has first support close to the level of 11570 & below this level the next support is seen near 11455 mark.  

Intraday Stock Market Review

Indian Market:

Sensex was trying to hold 100 points gains on the back of consistent buying in metal, financial, realty, Anil Dhirubhai Ambani Group (ADAG), capital goods, healthcare and auto companies' shares.

Bank index was at 13,482.66, up by 477.19 points or by 3.67%. Consumer Durables index was at 6,413.01, up by 293.59 points or by 4.80%, Metal index was at 17,927.28, up by 867.40 points or by 5.08%.

There has been no disruption in the sale and exports of oil to India in recent days," said Ahmad Qalebani, the head of state National Iranian Oil Company (NIOC).

Global Cues:

Asian stock markets opened higher on the first trading day of the New Year amid signs China's efforts to cool its economy are working and ahead of a report this week that is expected to show the labor market improving in the world's biggest economy. The key benchmark indices in Hong Kong, Indonesia, Singapore, South Korea and Taiwan rose by between 0.38% to 1.11%. Mainland Chinese markets were closed for a holiday.

China's inflation may cool after manufacturing growth slowed in December because of a tighter monetary policy and the closure of energy-wasting and highly polluting factories.

Foreign investors overwhelmingly ranked the US commercial real estate market as their No 1 choice for investment this year and viewed it as the best opportunity for price appreciation, according to a survey of foreign real estate investors.

Monday, January 3, 2011

Free Intraday Tips January 2011

Free Intraday Tips for January 2011. Indian Stock Market Traders can find intraday trading tips daily on this blog for the month of January 2011. Intraday stock traders are advised to trade with strict stop loss and exit at targets (book partial profit for multiple targets).

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Intraday Tips for Friday 07th January, 2011

Buy Asian Paints Ltd. at/above: 2848.89 Targets: 2860.81 - 2874.2 Stoploss : 2835.56

Buy Bharti Airtel Ltd. at/above: 356.26 Targets: 360.81 - 365.58 Stoploss : 351.56

Buy Inox Leisure Ltd. at/above: 72.25 Targets: 74.35 - 76.52 Stoploss : 70.14

Buy TCS for 1 week at/above: 1181.64 Targets: 1189.65 - 1198.29 Stoploss : 1173.06

Buy Welspun Corp for 6 months target: 210 stop loss: 160


Intraday Tips for Thursday 06th January, 2011

Buy Aban Offshore Ltd. at/above: 798.06 Targets: 804.73 - 811.84 Stoploss : 791.01

Buy Hexaware Technologies Ltd. at/above: 123.76 Targets: 126.49 - 129.32 Stoploss : 121

Buy Crompton Greaves Ltd for     1 Month at/above: 314 Target: 338.00 Stoploss: 309.00

Hold ITC Ltd at Rs. 179.90

Hold with a support of 165 and resistance of 180. The next target is at 260. There is a small barrier at 180 and the stock will remain scattered between 178 and 188. It will outperform market once the barrier is broken.

Intraday Tips for 05th January, 2011


Buy Motherson Sumi Systems Ltd. at/above: 192.51 Targets: 195.9 - 199.41 Stoploss : 189.06

Buy Hindustan Unilever Ltd. at/above: 324 Targets: 328.35 - 332.89 Stoploss : 319.51

Buy ICICI Bank Ltd. at/above: 1105.56 Targets: 1113.33 - 1121.68 Stoploss : 1097.26

Buy OnMobile Global Ltd. at/above: 306.25 Targets: 310.48 - 314.9 Stoploss : 301.89

Buy Reliance Industries Ltd. at/above: 1080.76 Targets: 1088.45 - 1096.71 Stoploss : 1072.56

Buy Praj Industries Ltd. for 6 months Target: 100 Stop Loss: 82


Intraday Tips for 04th January, 2011

Buy Reliance Infrastructure Ltd. at/above: 862.89 Targets: 869.81 - 877.2 Stoploss : 855.56

Buy State Bank of India at/above: 2822.26 Targets: 2834.14 - 2847.46 Stoploss : 2809

Buy Central Bank of India at/above: 185.64 Targets: 188.96 - 192.41 Stoploss : 182.25

Buy Indiabulls Real Estate Ltd. at/above: 138.06 Targets: 140.94 - 143.92 Stoploss : 135.14

Buy Gujarat State Petronet Ltd. at/above: 118.26 Targets: 120.93 - 123.7 Stoploss : 115.56

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Nifty Futures Trend 04th January 2011


Nifty Future opened with a gap but not sustaining at higher level today nifty futures closed near to its days low. If nifty future sustain above 6200 level we can see good up rally and it can test 6300 level in near term. On the down side, If it breaks level of 6100 then we can see some correction in it. One should take position after proper break out in either side. Resistance for Nifty future is at 6248/6321 and it has support is at 6130/6068 levels.  
            
RESISTANCE: It has first resistance close to the level of 6248 & above this level the next resistance is seen near the 6321 mark. 

SUPPORT: It has first support close to the level of 6130 & below this level the next support is seen near 6068 mark.  

Today Bank Nifty future closed near to its support level. We can see some down trend in coming session. On up side  If it break 11950 level we may seen up rally till 12050 whereas on the down side  it has major support level of 11735 levels. Resistance for Bank Nifty at 12050/12300 and support is at 11735,11665 levels .
            
RESISTANCE: It has first resistance close to the level of 12050 & above this level the next resistance is seen near the 12300 mark. 

SUPPORT: It has first support close to the level of 11735 & below this level the next support is seen near 11665 marks. 
 
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