Share Tips | Nifty | Bank Nifty Updates-10 May 12

Today Markets have started the trading session on a stronger note. Sensex is at 16580, up 100 points from its previous close, and Nifty is at 5007, up 32 points. Nifty is likely to face resistance at 5,025-5,035, while on the downside it would look to seek support around 4,980 - 4,970 levels.

Bank Nifty is currently trading at Rs 9523.3, up by 118.5 points from its previous close.Bank Nifty closed price was 9404.80.

Intra Day Calls For Today:-

Sell HDIL with a target of Rs 61 and stop loss of Rs 70, the stock is currently trading at Rs 66.95, up 0.8% on the BSE.

Buy Cipla with an intra-day target of Rs 340 and stop loss of Rs 315, the stock is currently trading at Rs 329.35, up 2.1% on the BSE.

Sell Educomp Solutions with a target of Rs 158 and stop loss of Rs 172,the stock is currently trading at Rs 168.10, up 1.5% on the BSE.