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Friday, August 10, 2012

Nifty & Bank Nifty Tips, Stock Intraday Tips For Today-10 August 12

On Friday morning the market opens negative and barring FMCG, all sectoral indices are trading negative. The Sensex was trading at Rs 17,518, down 43 points from its previous close, and the Nifty was at Rs 5314, down 9 points. Now the markets are trading with moderate declines with auto, banking and capital goods being the biggest laggards. FMCG and oil & gas are trading with moderate gains. The Sensex is trading at 17534, down 27 points from its previous close, and the Nifty is at 5313, down 10 points.

Nifty Tips For Today:-
Nifty Support and the resistance levels:-
Pivot Level = 5358
Support1 = 5332, Resistance1 = 5384
Support2 = 5306, Resistance2 = 5410
Support3 = 5280, Resistance3 = 5436

BankNifty support and the resistance:-
Pivot Level = 10549
Support1 = 10457, Resistance1 = 10617
Support2 = 10388 Resistance2 = 10708
Support3 = 10297 Resistance3 = 10777 

Intraday Stock Tips For Today:-

Tata Power- Buy Tata Power, Target Rs 105, stoploss Rs 98.50

HPCL- Sell HPCL, Target Rs 306, stoploss Rs 319.50

Tata Power-
Buy Tata Power, Target Rs 105, stoploss Rs 98.50

Andhra Bank- Sell Andhra Bank, Target Rs 94, stoploss Rs 98

FREE TRIAL FOR NIFTY TIPS