Thursday, February 7, 2013

Intraday Stock Tips and Nifty Trend Today: 7th Feb

In yesterday's session Market closed on a down trend. BSE sensex was down by 20 points. It is fifth straight day for BSE closed in red side. Today also it start trading in a down trend. Currently it is trading at 19590 level down by 49 poitns. Nifty is trading at 5944 level down by 14 points.

Nifty Trend Today:
There was a bear trend is suggested for last 4 days. Nifty open on a very slight bear note at 5966. So today the first resistance for nifty is at 6005 level. Next resistance ranges are seeming at 6040-60 levels. On downside a support level range is looking near 5910-5880 level. Nifty is trading on a flat to bear trend today.

Intraday Stock Tips Today

  • BUY BHEL for Intraday trading Target of 214 with a Stop Loss at 198.
  • SELL IDFC Ltd. For Intraday Target of 157.75 with Stop Loss at 163.
  • BUY Cipla Ltd. with a Stop Loss at 395 for Intraday Target of 405.

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