Keep Hold Nahar Spinning Mills Ltd touch 100+....

Nifty may face resistance near 5180, 5190, 5205, 5220, 5240, 5265, 5280, 5290 and may take support near 5130, 5120, 5105, 5085, 5070. Today, on higher side, if Nifty manages to move above and stay above 5190-5205 resistance zone, it may try to touch further higher levels. How ever, if Nifty fails to move above this zone, it may surrender its gains and fall to lower levels. On lower side, if Nifty takes support near 5130-5105 on any intra day decline, again it may bounce back and move in upward direction.



INTRDAY STOCK



RELIANCE :
Buy this stock at lower levels or on declines near 1055, 1050 on evidence of support and bounce back for targets of 1070, 1080, 1090 by maintaining stop loss near 1040.





TATA STEEL :
Buy this stock at lower levels or on declines near 600, 595 on evidence of support and bounce back for targets of 605, 610, 615 by maintaining stop loss at 590.

INTRADAY STOCK TIPS



RELIANCE CAPITAL :
Sell this stock at higher levels, if it faces resistance to move above and stay above 825, 830, 835
down side targets of 820, 814, 808 by
maintaining stop loss at 840.



TATA STEEL :
Buy this stock near 561, 557 on evidence of support and
bounce back for targets of 565, 570
maintaining stop loss at 550.

NIFTY ANALYSIS

Nifty may face resistance near 5070, 5085, 5095, 5110, 5120, 5130, 5145
and may take support near 5035, 5020, 5010, 4995, 4980. Today on higher side, If Nifty opens at higher levels and starts moving above it may face resistance near 5070-5095 levels.


INTRADAY STOCK



RELIANCE:
If this stock opens at higher levels, buy this stock above 1060 for targets of 1070, 1080, 1090 by maintaining stop loss at 1055. If this stock opens at lower levels, buy this stock near 1040 on evidence of support of bounce back for targets of 1050, 1060, 1070 by maintaining stop loss at 1035.



TATA STEEL :
Buy this stock near 555, 553 on evidence of support and bounce back for targets of 560, 565, 570 by maintaining stop loss at 550.

Nifty may face resistance near 5120, 5135, 5150, 5170, 5185 and may take support near 5090, 5080, 5065, 5050, 5025, 5010. Today on higher side, If Nifty faces resistance to move above and stay above 5135-5150 levels, it may surrender its gains and fall to lower levels. On lower side, if Nifty takes support near 5090-5065 on any intra day decline, again it may bounce back and move in upward direction.



INTRADAY STOCK TIPS



TATA STEEL :: If this stock opens at lower levels and starts moving in upward direction, buy this stock near 540, 538 on evidence of support and bounce back for targets of 545, 550 by maintaining stop loss at 534. If this stock opens at higher levels and starts moving in upward direction, you can also buy this stock above 550 for targets of 555, 560 by maintaining stop loss at 540.

Nifty Outlook & Analysis:
Today, Nifty may face resistance near 5135, 5150, 5165, 5185, 5205, 5235 and may take support near 5095, 5080, 5065, 5040, 5020. Today on higher side, the crucial resistance levels are at 5135-5150 and at 5185. If Nifty faces resistance at these levels and starts falling from these levels, it may surrender its gains and fall to lower levels. On lower side, if Nifty takes support near 5080 on intra day decline, again it may bounce back and move in upward direction. If Nifty fails to take support near 5080, the next support is at 5065-5040.



INTRADAT STOCK



RELIANCE :
At higher levels, you can sell this stock if it faces resistance to move above and stay above 1085, 1090 for down side targets of 1070, 1060 by maintaining stop loss at 1095. At lower levels, you can also buy this stock near 1055, 1050 on evidence of support and bounce back for targets of 1070, 1090 by maintaining stop loss t 1045.

NIFTY SUPPORT

Nifty may face resistance near 5155, 5190, 5210, 5225, 5250, 5275 and may take support near 5125, 5110, 5095, 5080, 5065. Today on higher side, if Nifty faces resistance to move above 5155-5190 levels, it may surrender its gains and fall to lower levels. On lower side, if Nifty takes support near 5110-5080 levels on any intra day decline, it may bounce back and move in upward direction.

INTRADAY STOCK



RELIANCE :
At higher levels, buy this stock above 1090 if it starts moving in upward direction from opening level for targets of 1100, 1110, 1120 by maintaining stop loss near 1080. If this stock starts falling from opening levels, you can also buy this stock on declines near 1060-1055 on evidence of support and bounce back for targets of 1070, 1080, 1090 by maintaining stop loss at 1045.

NIFTY SUPPORT
Nifty takes support near 5130-5105 on any intra day decline or gap down opening, it may bounce back and move in upward direction. Below 5105, next major support is at 5085-5080.On higher side, Nifty may face resitance near 5185 levels. Moving above this level, it may try to touch further higher levels.



INTRADAY STOCK

ICICI BANK :
Buy this stock above 875 for targets of 885, 890, 895. Keep stop loss at 860.

RELIANCE :
Buy this stock at lower levels or on declines near 1065-1055 on evidence of support and bounce back for targets of 1080, 1095, 1105.
Keep stop loss at 1045.