Today market indicates start in the red. Sensex is trading at 16364, down 55 points from its previous close, and Nifty is at 4943, down 22 points. Today Nifty is expected to breach 4,900 levels.It has been a steady downwards trend for the Nifty. The Nifty is likely to seek support around 4,930-4,910, while it can face resistance around 5,000-5,020.Today Bank Nifty is trading at Rs 9360.8, down by 50.1 points or -0.53%. Bank Nifty is seek to support approx 9200-9220 and it can face Resistance around 9450-9460.
Showing posts with label Nifty Trends. Show all posts
Showing posts with label Nifty Trends. Show all posts
Share Market Tips for Tomorrow 03 May 2012
Today market closed with moderate declines. Nifty closed at 5239.15 with down fall of 9.00 or 0.17% and Sensex closed at 17302, down 17 points from its previous close. The CNX Midcap index was down 0.5% where as the BSE Smallcap index up with 0.2%.
Intraday Calls for tomorrow 03 May 2012:
Buy Hyderabad Industries with a one-month target of Rs 420-440
Buy HPCL with a 1-2 month of Rs 360 and stop loss of Rs 270
Buy ICICI Bank with a 3-month target of Rs 1000 and stop loss of Rs 832
Intraday Calls for tomorrow 03 May 2012:
Buy Hyderabad Industries with a one-month target of Rs 420-440
Buy HPCL with a 1-2 month of Rs 360 and stop loss of Rs 270
Buy ICICI Bank with a 3-month target of Rs 1000 and stop loss of Rs 832
