Market is expected to take cues from the global markets and likely to open on a flat to positive note tomorrow. Traders are suggested to long Nifty if it holds above the level of 5730 with placing strict stoploss at 5692 for targets of Rs 5755-5780 levels. Alternatively trade short if Nifty fails to trade [...]
By: Nifty Futures Trend
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 [...]
By: www.intraday-stock-tips.co.cc
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.
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Essar Oil
Buy Essar Oil for target of Rs 133-135 with stoploss of Rs 126.
Essar Oil posted net profit of Rs 273 crore for the quarter ended December 31 as against net loss of Rs 226 crore in the same quarter a year ago. Total income stood at Rs 12333 crore as compared to Rs 9965 [...]
By: Nifty 18 Jan.
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 [...]
Buy Bharati Shipyard for 12 months
Above: 190.00
Target: 230.00
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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 [...]
By: Analysts take on NSE Nifty
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.
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Jain Irrigation Systems Ltd.
Buy above 220 for Target of Rs 223-225-228 and Stoploss of Rs 217.
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Ashok Leyland Ltd.
Recommendation : Buy @ 61-62 for Target of Rs 64-65.50 and Stoploss of Rs 59
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