Nifty Support
Nifty at lower levels, If Nifty takes support near 5070-5050 support zone on any intra day decline, it will bounce back and move in upward direction. At higher levels, if Nifty fails to move above and stay above 5135, 5150 resistance zone, it may surrender its gains and fall to lower levels.
Intraday Tips:
S.B.I:
Buy this stock above 2330 for targets of 2345, 2355, 2365.
Keep stop loss at 2300.
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NIFTY SUPPORT
Nifty will bounce back and move in upward direction. At higher levels, if Nifty fails to move above and stay above 5135, 5150 resistance zone, it may surrender its gains and fall to lower levels.
Intraday Stock Tips:
S.B.I:
At higher levels, sell this stock if it fails to move above 2325 for down side targets of 2305, 2295 by maitaining stoploss at 2340. At lower levels, you can also sell this stock below 2295 for down side targets of 2275, 2255 by maintaining stop loss at 2325.
Nifty Support
Nifty at lower levels, If Nifty takes support near 5085-5050 support zone on any intra day decline, it will bounce back and move in upward direction. At higher levels, the first resistance level is 5115. Moving above this level, the 2nd resistance zone will be at 5150.
RELIANCE :
Buy this stock at lower levels or on declines near 2175, 2170, 2165 on evidence of support and bounce back for targets 2190, 2210. Keep stop loss at 2145. Moving above 2210, this stock may even try to touch 2235, 2255 levels.