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Friday, August 31, 2012

Nifty Tips & Intraday Trading Tips For Today-31 August 12

Today the Sensex slipped 0.3 % early on Friday led by losses in Infosys, TCS and HDFC Bank. The 50-share Nifty was trading at 5,395, down 0.3 percent.
The Sensex was trading at Rs 17,510, down 32 points or 0.2 percent. Infosys (0.7 per cent), TCS (0.4 per cent) and HDFC Bank (0.5 per cent) led the losers pack. But now Nifty is trading ta Rs 5279, which is down 66 percent from its previous closing and Sensex is trading at Rs 17,455, down by 50 percent.

Nifty Tips For Today

Pivot Level = 5297
Support1 = 5275,  Resistance1 = 5336
Support2 = 5236 , Resistance2 = 5358
Support3 = 5214,  Resistance3 = 5397

Intraday Trading Tips


Ipca Labs Ltd- BUY Ipca Labs Ltd, Target Rs 455, stoploss Rs 423

Colgate-Palmolive India Ltd- BUY Colgate-Palmolive India, Target Rs 1240, stoploss Rs 1195.

GAIL India Ltd- SELL GAIL India, Target Rs 340, stoploss Rs 363

Rolta India Ltd- SELL Rolta India, Target Rs 60, stoploss Rs 66

Bharti Airtel Ltd- BUY Bharti Airtel Ltd, Long Term Target 260, Stoploss 238

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