1 November 2012

INTRADAY TIPS FOR 2 NOV 2012

BUY TATASTEEL 400 CALL @ 12 tg 17,21 sl 8.
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The call given of NIFTY FUTURE revise your sl  to cost.
NIFTY OUTLOOK FOR TOMORROW
It was yet another day of consolidation for the market as Nifty kept drifting in the range of 5600-5650. We believe that consolidation is an intermediate pause.  Auto companies  sales accelerated ahead at full speed at the onset the festive season .A minor improvement in the manufacturing growth data also boosted the positive sentiment.....
We need to monitor the levels of 5650 and 5585 these would be quite crucial in the day’s trading . We can expect some recovery to happen only if the Nifty stays above 5650. Further up, above 5650, strong supply zone is there between 5660 and 5680 but even before that the levels around 5625 is also capable of bringing in adequate supplies to halt the upward march of the index.
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RESISTANCE:5650 5670, 5690
SUPPORT      :5600, 5590, 5560

2 comments:

  1. Get all the Indian stock market notices as issues in NSE and BSE by various listed companies in stock market

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  2. 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