Nifty Tips, Bank Nifty Tips & Intraday Trading Tips-28 August 12

The Nifty closed near its day's low on Monday after profit booking intensified in realty, banks and capital goods sectors in absence of positive global cues.
Today Nifty was at 5,358.25, up 8 points or 0.15 per cent. It touched a high of 5,359.25 and a low of 5,343.25 in early trade. Currently Nifty is trading at Rs 5,333, down 0.31 percent from its previous closing.

Intraday Trading Tips 28 August 12

BUY Steel Authority of India (SAIL) Ltd. Short Term Target 92  Stop Loss 81

BUY SKS Microfinance Ltd. Intraday Target 127  Stop Loss 120

BUY Opto Circuits India Ltd. Intraday Target 138  Stop Loss 0

Hindustan Oil Exploration Company Ltd is a 'SELL' call with a target of Rs 110 and a stop loss of Rs 125

REC Ltd is a 'SELL' call with a target of Rs 186 and a stop loss of Rs 205

Nifty Tips For Today-28 August 12
Pivot Level = 5375
Support1 = 5344, Support2 = 5327, Support3 = 5296
Resistance1 = 5392,  Resistance2 = 5423, Resistance3 = 5440

Bank Nifty Tips-28 August 12
Pivot Level = 10231
Support1 = 10091, Support2 = 10021, Support3 = 9881
Resistance1 = 10301,  Resistance2 = 10441,  Resistance3 = 10511