Wednesday, February 22, 2012

Intraday Share Marekt Tips for Today | Nifty Technical Levels for Today

State Bank of India
BUY – Intraday Target 2,500 Stop Loss 2,400

Reliance Inftrastructure Ltd.
BUY - Med Term Target 900 Stop Loss 199

ABB Ltd.
SELL – Intraday arget 851 Stop Loss 875

BUY - Mphasis, ACC, DLF, BHEL


The Indian market opens for trade this morning on a positive note. Earlier, the US markets ended mixed with the Dow up 15 and Nasdaq down 3 odd points while Asia is mixed at this hour. Sensex is trading at 18480, up 51 points from its previous close, and Nifty is at 5619, up 11 points.

CNX Midcap index is up 0.5 and BSE Smallcap index is also up 0.5%. The market breadth is positive with advances at 545 against declines of 158 on the NSE.

State Bank of India topped the value chart on the BSE with a turnover of Rs. 89.41 million. It was followed by Reliance Communications (Rs. 25.20 million), Reliance Industries (Rs. 23.43 million) and Financial Technologies (India) (Rs. 23.17 million).

The volume chart was led by Firstsource Solutions with trades of over 0.87 million shares. It was followed by Kingfisher Airlines (0.73 million), Lanco Infratech (0.70 million) and K S Oils (0.53 million).

Nifty Technical Levels for Today

PP - 5607
S1 - 5580 , R1 5645
S2 -5542, R2 - 5672
S3 – 5515, R3 – 5710

>>SELL NIFTY BELLOW 5630 SL 5655 TGT 5610-5590

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