Stock Tips NIFTY and Copper Tips for 2 February 2016

Lowered oil prices are expected to gain in the second 50% of the year - maybe as high as USD 85 for each barrel. 

On Monday after opening at 7589, Nifty made a high of 7600 – low of 7541 and closed 7 points down at 7556 forming bearish candle at top.

Chile's latest statistics showed in 2015, Chile's copper production output was 5.79 million tons, an increase of 0.2% year on year, although some mining companies to cut production in order to offset the deep falling in copper prices. 

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Free Intraday Stock Tips for Today | Nifty Support & Resistance

Free Intraday Stock Tips for Today

-SELL IDBI Bank Ltd. Intraday Target 100 Stop Loss 110.

-BUY Dena Bank Intraday Target 85 Stop Loss 76.

-BUY K S Oils Ltd. Intraday Target 8.25 Stop Loss 7.5. MORE TIPS >>

-BUY Manappuram Finance Ltd. Intraday Target 60 Stop Loss 45.

The Indian market opens for trade this morning on a flat note but with a positive bias. Earlier, the US markets ended flat with a negative bias with the Dow down 17 and Nasdaq down 3 odd points while Asia is mixed at this hour. Sensex is trading at 17750, up 43 points from its previous close, and Nifty is at 5372, up 11 points. CNX Midcap index is up 0.4% and BSE Smallcap index is also up 0.4%. The market breadth is positive with advances at 483 against declines of 99 on the NSE.

Today's Nifty Technical Levels

S1 - 5334 R1 - 5399, S2 - 5301 R2 - 5431, S3 - 5269 R3 - 5463

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