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Friday, August 17, 2012

Nifty Tips & Intraday Trading Tips For Today-17 August 12

The Indian market opens for trade this morning on a positive note, ahead of a three-day holiday. Earlier, the US markets ended higher with the Dow up 85 odd points while Asia is quiet at this hour. Sensex was trading at 17722, up 64 points from its previous close, and Nifty was at 5377, up 15 points.
After a positive start, the market is trading with broad gains with Sensex at 17780, up 122 points from its previous close, and Nifty is at 5393, up 30 points.

Nifty Trading Tips
Sell Nifty with a target of 5330 and stop loss of 5420.
Nifty Levels For Today
Resistance- 5420-5480
Support- 5310-5250

Intraday Trading Tips For Today


United Phosphorus-
Sell United Phosphorus, Target Rs 110, stoploss of Rs 119

Chambal Fertilisers- Sell Chambal Fertilisers with a target of Rs 65 and stop loss of Rs 70.50

Hindustan Unilever Ltd-
BUY Hindustan, Target Rs 510, stoploss Rs 487

Cipla Ltd- BUY Cipla, Target Rs 375, stoploss Rs 350

L&T Ltd-
BUY L&T Ltd, Target Rs 1520, stoploss Rs 1450

SEE INTRADAY TRADING TIPS, STOCK TIPS, INTRADAY STOCK TIPS, NIFTY TIPS FOR TODAY AND COMING WEEK 20 TO 24 AUGUST