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Wednesday, August 22, 2012

Nifty Tips, Intraday Trading Tips, Nifty Future Tips-22 August 12

Today the Indian market opens with a soft note on the back of subdued global cues with Asia in the red at this hour. In the morning Sensex was trading at 17838, down 46 points from its previous close, and Nifty was at 5406, down 14 points. But currently the market is trading in the red. Sensex is at 17860, down 24 points from its previous close, and Nifty is at 5411, down 9 points.

Intraday Trading Tips For Today:-
Buy United Spirits Futures above Rs 991 with targets of Rs 1010 and 1035 and stop loss of Rs 969
Buy TCS with a target of Rs 1350 and stop loss of Rs 1277
Sell Bata India with a target of Rs 850 and stop loss of Rs 903
Buy Hindalco with a 1-2 day target of Rs 117 and stop loss of Rs 110

Nifty Futures Tips For Today:-Buy Nifty Futures with a target of 5600-5630 (spot level) and stop loss of 5341 (spot level)

Nifty Tips For Today
RESISTANCE: 5430, 5450, 5490
SUPPORT :   5390, 5360, 5320


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