NIFTY SUPPORT RANGE 4800-4820 LEVELS



Our expections for Nifty to take support at 4800 - 4820 levels. If these levels are breached then the index may slip further to 4770 levels.

Indices witnessed extremely sharp sell-off on very first session of the week. Market breadth turned negative with FII & DII turning net seller as per provisional data. In short-term higher range of 4950 as mentioned earlier continues to remain important hurdle. Key support remains far lower around levels of 4800 for Nifty.

 INTRADAY SUGGESTIONS 23/05/2012


 
BUY/SELL
 
SHARES
 
ENTRY PRICE
 
TARGET I
 
TARGET II
 
STOP LOSS
 
REMARK
SELL
 HOEC
 CMP
 99.25
 98.25
 102.40

 BUY
 TVTODAY
 62.80-63.40
 65.00
 66.15
 61.80



INTRADAY SUGGESTIONS 24/2/2011

BUY        AUROPHARMA   ABOVE 172   TGT.1 174       TGT.2 178                                HIT
BUY        BFUTILITIES        UPTO 697     TGT.1 704       TGT.2 710     SL 690                HIT

INTRADAY SUGGESTIONS 21/2/2011
BUY          ROLTAINDIA      UPTO 149     TGT.1  152      TGT.2  154                             -NA-
SELL        ONMOBILE         205 - 208      TGT.1   202     TGT.2  199     SL 211.5       TGT.1 HIT

INTRADAY SUGGESTIONS 21/2/2011
BUY       MAN INFRA    ABOVE 150.50      TGT.1  152      TGT.2  154.50                        -NA-
SELL      REC              SELL 236 - 241      TGT.1  234      TGT.2   231       SL  243          HIT

INTRADAY SUGGESTIONS 18/2/2011
BUY     KSK ENERGY          ABOVE 115.20      TGT.1  117        TGT.2  119                   -NA-  
SELL    MADHUPRO           SELL  114  -  118   TGT.1 106         TGT.2  104                     HIT


INTRADAY SUGGESTIONS 14/2/2011
BUY       HPCL                   ABOVE 344          TGT.1   348                 TGT.2   352              HIT       
BUY       KALINDI RAIL       ABOVE 131          TGT.1   134                 TGT.2   136              HIT



INTRADAY SUGGESTIONS 11/2/2011
BUY   AXIS BANK          ABOVE 1182           TGT.1   1198              TGT.2      1218            HIT
BUY   IDFC                    ABOVE   128           TGT.1     132              TGT.2        135            HIT