The markets traded in a narrow range today and closed with moderate declines. Today the worst performes were FMCG, metal, consumer durables and banking while capital goods, oil & gas and auto gained significantly. The Sensex closed at 17657, down 71 points from its previous close, and the Nifty shut shop at 5363, down 17 points. The market breadth was negative with advances at 645 against declines of 798 on the NSE. The top Nifty gainers were IDFC, Hero MotoCorp, Ranbaxy and Mahindra & Mahindra and the biggest losers were ITC, Sterlite Industries, Hindalco and Sesa Goa.
Resistance- 5420-5480
Support- 5310-5250
R1-1913, R2-1932.45, R3- 1962.70
S1-1883.20, S2-1871.95, S3-1841.70
Reliance Industries Ltd.
R1-825.13, R2-834.12, R3-855.87
S1-803.38, S2-790.62, S3-768.87
REDINGTON ASSAMCO VAKRANSOFT IBSEC UBL LT COALINDIA BIOCON HCLTECH CROMPGREAV L&TFH MAX IDFC RALLIS HINDUNILVR EDELWEISS CAIRN PIPAVAVDOC HEIDELBERG GITANJALI FINANTECH M&M JSWSTEEL TATAMTRDVR DELTACO
PRADIP KTKBANK LITL GUJNRECOKE SOUTHBANK JYOTISTRUC RADICO UFLEX INDIACEM RUCHISOYA SBIN BATAINDIA PETRONET BHARTIARTL TATASTEEL UNIPHOS ONGC UNITEDBNK BGRENERGY DLF PRAJIND RELINFRA RPOWER TITAN SAIL ACC CHAMBLFERT
Nifty Tips For Tomorrow- 17 August 12
Resistance- 5420-5480
Support- 5310-5250
Intraday Trading Tips
- Buy Dishman Pharma with a target of Rs 140-160
- Buy EIL with a 1-year target of Rs 305
- Buy SBI with a 1-year target of Rs 3100,
Intraday Stock Tips-17 August 12
SBIR1-1913, R2-1932.45, R3- 1962.70
S1-1883.20, S2-1871.95, S3-1841.70
Reliance Industries Ltd.
R1-825.13, R2-834.12, R3-855.87
S1-803.38, S2-790.62, S3-768.87
Bullish Intraday Stocks for August 17th, 2012
REDINGTON ASSAMCO VAKRANSOFT IBSEC UBL LT COALINDIA BIOCON HCLTECH CROMPGREAV L&TFH MAX IDFC RALLIS HINDUNILVR EDELWEISS CAIRN PIPAVAVDOC HEIDELBERG GITANJALI FINANTECH M&M JSWSTEEL TATAMTRDVR DELTACO
Bearish Intraday Stocks for August 17th, 2012
PRADIP KTKBANK LITL GUJNRECOKE SOUTHBANK JYOTISTRUC RADICO UFLEX INDIACEM RUCHISOYA SBIN BATAINDIA PETRONET BHARTIARTL TATASTEEL UNIPHOS ONGC UNITEDBNK BGRENERGY DLF PRAJIND RELINFRA RPOWER TITAN SAIL ACC CHAMBLFERT