Tuesday, January 31, 2012
Free Intraday Stock Tips for Today | Nifty Support & Resistance
Free Intraday Stock Tips for Today
-Buy SBI with a target of Rs 2080 and stop loss of Rs 1950
-Sell Cairn India near Rs 345 with a target of Rs 330 and stop loss of Rs 351.
-Sell Tata Motors Ltd. Intraday Target 190 Stop Loss 240.
-Sell State Bank of India Intraday Target 2,030 Stop Loss 2,060.
The Indian stock market opens for trade this morning on a firm note. Earlier, the US markets ended flat with the Dow down 6 and Nasdaq down 5 odd points while Asia is in the green at this hour. Sensex is trading at 16971, up 108 points from its previous close, and Nifty is at 5122, up 35 points. CNX Midcap index is up 0.9% and BSE Smallcap index is up 0.5%. The market breadth is positive with advances at 429 against declines of 119 on the NSE.
Nifty Support & Resistance -
Positional Support for NiftyY 5039 4966 4940 4905 4861 4827 4824 . Positional Resistance for Nifty 5211.
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