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.