Thursday, July 5, 2012
STOCK TIPS :INTRADAY TIPS
Yesterday USA markets were closed and European markets also closed flat. In such scenario our markets opened almost flat. NIFTY taken a downtick right after opening and hit 5288.85. If we again see a range bound session which falls in 5260-5320 then should not be surprise. These levels remain unbroken in last 3 sessions and in last 2 sessions NIFTY made high of 5317.0 (Tuesday) and 5317.65 (Wednesday), so 5320 will again a test for . In downside, 5273.30 (Wednesday), 5265.95 (Tuesday) and 5263.35 (Monday) are lower levels for this week in NIFTY. We expect same range may follow today as we lacking any major clue but tomorrow we may have big move as ECB will come out with its Credit Policy where some rate cut possibility is being expected by market but we expect there may not be any rate cut.
Important levels in SPOT NIFTY mentioned below:
RESISTANCE: 5320, 5335, 5355
SUPPORT: 5285, 5260, 5240
Reliance capital shares news today:- buy relcapital cmp 380 tgt 387/392/397 sl below 374 cash level
JSW STEEL stocks tips :- intra day call sell jsw steel in cash at 723 sl 730 tgt 716-709
Hindunilvr stock cash tips :- intra day call buy hindunilvr in cash above 441.5 sl 437.5 tgt 445.5-449.5
Copper trend today :- SELL COPPER @ 426 SL 429 TG 424.5 423
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