The markets open positive with banking, capital goods and power leading the rally. The Sensex is trading at 16476, up 59 points from its previous close, and the Nifty is at 5002, up 15 points. The market breadth is positive with advances at 417 against declines of 210 on the NSE. Today Bank Nifty is trading at Rs 9770.55, up by 0.74% from previous close.
Nifty Support and Resistance:-
Resistance1 = 5007, Resistance2 = 5028, Resistance3 = 5069
Support1 = 4945, Support2 = 4904, Support3 = 4883
Intraday Trading Tips :-
Titan Industries Ltd is a 'BUY' call with a target of Rs 250 and a stop loss of Rs 228
BHEL is a 'BUY' call with a target of Rs 227 and a stop loss of Rs 207
Dena Bank Ltd is a 'BUY' call with a target of Rs 95 and a stop loss of Rs 84
GMR Infrastructure Ltd is a 'BUY' call with a target of Rs 22 and a stop loss of Rs 19.25
HCL Technologies Ltd is a 'BUY' call with a target of Rs 515 and a stop loss of Rs 483
Cipla Ltd is a 'BUY' call with a target of Rs 325 and a stop loss of Rs 305
Nifty Support and Resistance:-
Resistance1 = 5007, Resistance2 = 5028, Resistance3 = 5069
Support1 = 4945, Support2 = 4904, Support3 = 4883
Intraday Trading Tips :-
Titan Industries Ltd is a 'BUY' call with a target of Rs 250 and a stop loss of Rs 228
BHEL is a 'BUY' call with a target of Rs 227 and a stop loss of Rs 207
Dena Bank Ltd is a 'BUY' call with a target of Rs 95 and a stop loss of Rs 84
GMR Infrastructure Ltd is a 'BUY' call with a target of Rs 22 and a stop loss of Rs 19.25
HCL Technologies Ltd is a 'BUY' call with a target of Rs 515 and a stop loss of Rs 483
Cipla Ltd is a 'BUY' call with a target of Rs 325 and a stop loss of Rs 305
