Nifty | Bank Nifty Trend | Intraday Trading Calls 18 May 12

The Indian market opens for trade the last day of the week on a very weak note.
Sensex is trading at 15877, down 192 points from its previous close, and Nifty is at 4807, down 63 points. First resistance for nifty is at 4890-92 and support is at 4650-4700. BSE Sensex down 208 points led by losses in Infosys, ITC and ICICI Bank. The SGX Nifty is at 4765, down 77 points.

Intraday Trading Calls For Today-
BUY EVERONN EDUCATION, Target 218, Stop loss 202, CMP-210

Buy FLEXITUFF INT, Target 340, Stop loss 320, CMP-326.15

SELL CUMMINS INDIA, Target 425, Stop loss 431.50, CMP-430.35

SELL BAJAJ AUTO, Target 1545, Stop loss 1591, CMP-1574.35