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Thursday, August 16, 2012

Nifty Tips & Intraday Stock Tips For Today-16 August 12

The Indian market opens for trade this morning on a flat note.Sensex is trading at 17723, down 4 points from previous close, and Nifty is at 5380, down 1 point. Indian share are expected to trade higher on Thursday and the broader 50-share Nifty index may hit its crucial level of 5,400 in trade today supported by strong global cues.

Nifty Tips & Levels For Today:-

PIVOT POINT: 5,365.57
R2: 5,422.87 R1: 5,401.58
S1: 5,344.28 S2: 5,286.98

Intraday Stock Tips For Today:-


Buy Aban Offshore August Futures with a target of Rs 419 and stop loss of Rs 395

Exide Industries Ltd is a 'BUY' call with a target of Rs 137 and a stop loss of Rs 131.

Reliance Industries Ltd is a 'BUY' call with a target of Rs 835 and a stop loss of Rs 787.

Voltas Ltd is a 'BUY' call with a target of Rs 117 and a stop loss of Rs 109.

Buy Dishman Pharma with a target of Rs 98-100 and stop loss of Rs 92

You can fill the form on the blog to get free Nifty Tips & Intraday Stock tips on your mobile for today and tomorrow too 17 August 2012..... Have a Happy Trading!!! :)