Stock Intraday Tips and Nifty Market Trend For Today
Nifty Trend Today :- If Nifty able to sustain and trade above 5140 than there is possible to good up trend can be seen today if Nifty trade below 5100 levels and if it breaks this level so some profit booking will come. Now the Nifty looks up trend. Nifty Intraday trading levels are Resistance – 5140, 51870. Support – 5100, 4990, 4960. Bank Nifty mediate trend is down.
Market Trend :- Indian market is frustrating to see FED meeting did not announce Quantitative easing 3. Indian market does not have no recourse to International markets to move coalition. Market decline by selling in Banks, Oil & Gas and Metal stocks at open. Midcap stocks declined more than against Heavyweight stocks but Small-Cap stocks are looking up. As well as Rupee sharp drop has also worked to break Market.
Now BSE Sensex index with down of 40 points ie 0.25% is trading at 16 857 while NSE Nifty index with weaness of 13 points ie 0.25% is trading at 5107 levels.
Talking about international markets, In the U.S. market Dow Jones and S & P 500 Index lost from 0.1 to 0.2%. Nasdaq closed at flat levels. In Asian markets Nikkei to trade shot up of 1%. Hang Seng and Straits Times was down nearly 1%.
Stock Intraday Tips For Today 21 June 12
GVK Power Sell, Target – 12.50, Stoploss – 15.
Lanco Infratech Buy, Target – 15, Stoploss – 12.
Apollo Tyres Sell, Stoploss – 80, Target – 72.50.
We are offer Intraday Tips Free Trial of Stock Cash, Nifty, Options Calls & Put and MCX NCDEX Commodity Tips Trial from today 21 June to tomorrow 22 June 2012
Posted by:
Intraday Tips Updated at: 10:21 AM