31 August 2012

INTRADAY TIPS FOR 3 SEP 2012

SELL IDFC FUTURE BELOW 133 TG 129, 127 SL 135.90
BUY NIFTY FUTURE ABOVE 5270 TG 5300, 5330 ,5360 SL 5240
BUY RANBAXY 580 CALL @9 TG 19, 29 SL 4

NIFTY OUTLOOK FOR TOMORROW
The market slipped into the red after positive start. The market trimmed losses after hitting fresh intraday low 5247   in morning trade. Volatility continued as key benchmark indices weakened once again after trimming most of the intraday losses in early afternoon trade. Weakness continued on the bourses in late  trade....

 The level 5200 would prove to be support  for Monday. Trend and momentum both weak ,news from US may add to bearish sentiment. Most possibly nifty may hit 5200 on MONDAY, if it happens then nifty would slip below the level even to touch 5170.
RESISTANCE: 5280, 5300, 5320
SUPPORT      :5230, 5200, 5160

No comments:

Post a Comment