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Tuesday, July 31, 2012

Share Market Tips, Stock Intraday Tips & Nifty Tips For Today-31 July 12

The Indian market opens for trade this morning on a flat note ahead of the RBI credit policy. Sensex was trading at 17205, up 61 points from its previous close, and Nifty was at 5214, up 15 points. After a flat start, the market has given up some of its gains and is trading with marginal losses. Sensex is trading at 17136, down 6 points from its previous close, and Nifty is at 5194, down 5 points.

Nifty Intraday Tips For Today-
Today, 5220 is the crucial intraday level for Nifty. If Nifty sustains below 5220, then it could test 5130 and below that level it could test 5100. Instead, if Nifty trades above 5220 then it could test 5260.
Support 1: 5150
Support 2: 5100


Resistance 1: 5230
Resistance 2: 5255

Intraday Stock Tips For Today-

Reliance Infrastructure- Buy Reliance, Target Rs 540 and SL Rs 484.40

Tata Global- Buy Tata Global above Rs 123.50, Target Rs 130 and SL Rs 120

Dabur India Ltd- BUY Dabur India, Target Rs 124.50 and SL of Rs 119

Jindal Saw Ltd- SELL Jindal Saw, Target 113 and SL Rs 125.25

Jubilant FoodWorks Ltd- SELL Jubilant FoodWorks, Target Rs 1074 and SL Rs 1142