3 September 2012

INTRADAY TIPS FOR 4 SEP 2012

BUY RELIANCE FUTURE ABOVE 770 TG 777, 784 SL 764
SELL SAIL FUTURE BELOW 77 TG 75.40, 73.20 SL 79.50
BUY INFY 2450 CALL @25 TG 39, 52 SL 14
The call given of RANBAXY in last post rocks!!! achieved first TG made a high of 20 today.
NIFTY OUTLOOK FOR TOMORROW
First session of the SEPTEMBER was completely lack luster for the Indian shares. Nifty  was moving in a tight range around its previous closing value due to lack of domestic and global cues.Nifty had a good start near 5275 but could not sustain there ,it fell till the level of 5249 before settling at 5255 Now, frankly, there is hardly any redeeming feature.....
In such a situation, we now have to guess what could be the extent of possible further damage in terms of index movements. Immediately, we see a likely test of the first significant support zone below 5250, which is located between 5230 and 5190 This is quite a good demand zone and some contrarian buying activity could well be seen around this zone by, at least, the die-hard optimists if not others.However, in the event of any decisive breakdown of this major demand zone you can expect the Nifty to take some support at 5180
RESISTANCE: 5270, 5300, 5350
SUPPORT      :5240, 5220, 5180

6 comments:

  1. Nice blog,
    Just wondering what people think about current market situation? Are we ready for another phase of recession? How our Stock Trading Tipsare gonna react? Lets share our view in this cool blog. What Say?

    ReplyDelete
  2. Nice blog,
    Just wondering what people think about current market situation? Are we ready for another phase of recession? How our Stock Trading Tipsare gonna react? Lets share our view in this cool blog. What Say?

    ReplyDelete
    Replies
    1. we welcome your appreciation on our nifty blog

      Delete
  3. Thanks for the timely update. The results are really awesome. To get benefit in this scrip, patience is required.

    ReplyDelete
    Replies
    1. thanks for interest in nifty tips . will give proper follow up for all calls you can also Check option call put tips

      Delete
  4. As per Federal bank technical research report one should go short in this

    counter. Federal bank is looking quite weak at current level and is expected to fall

    further. Positional traders can go short in Federal bank from current level for good

    gains.

    ReplyDelete