Monday, September 24, 2012

Intraday Tips and Nifty Trend Today


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Asian markets started weak on the first day of the week. Despite reports of Spain sought relief package has seen the Asian market nervous. At the moment, all indices are trading with red marks.
Index Kospi declined with 1.20 percent is the highest and is trading at 1,979, while the Hang Seng was down 1 per cent. The Nikkei dropped nearly 1 per cent on 9032 levels.

Nifty Trend For Today

Nifty is also trading in a selling pressure due to international affects. At a time Nifty is trading at 5691 level with minor gain. Trading levels suggest that Nifty could hit its support level of 5610 today. Nifty trend is looking bearish for today.

Intraday Tips For Today

  • SELL Oil India For Intraday Target is at 469 with a Stop Loss of 479
  • BUY Indiabulls Real Estate with a stoploss of 56 and a Target of 59
  • SELL Apollo Tyres For Intraday with a target of 94 and a Stop Loss at 99


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