Nifty Trend For Tomorrow

Market continuously going upside. Today it has gained 202.19 points in BSE and set itself in bullish position. Short covering in European markets post deep cut yesterday too improved sentiments. The 30-share BSE Sensex recovered from previous loss - rose 202.19 points to close at 17,065.00 and the 50-share NSE Nifty jumped 60.35 points to end at 5,124.65. Market may hold the same position in next trading session also!!

Technical Levels in Nifty-50 for Tomorrow:

Resistance  :  R1  :  5200,  R2  :  5270.

Support       :  S1  :  4940,  S2  :  4860.

Free Nifty Tips For Today (6th Sep '11)

Axis Bank Ltd.

Buy Axis Bank above 1117,

Target: 1128-1139, Stoploss: 1104.

Tata Consultancy Services Ltd.

Buy Tata Consultancy Services above 1031,

Target: 1040-1049, Stoploss: 1019.

Larsen & Toubro Ltd.

Buy Larsen & Toubro above 1629,

Target: 1640-1652, Stoploss: 1615.

Stock Intraday Calls For Tomorrow

Oil And Natural Gas Corporation Ltd.

Sell ONGC below 262.60,

Target: 259-257, Stoploss: 265.

Idea Cellular Ltd.

Buy Idea Cellular above 100.40,

Target: 102-103.50, Stoploss: 97.5.

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