INTRADAY TIPS FOR OCTOBER 29-10-2012 MONDAY

SCRIP

ACTION

TRIGGER

TARGET 1

TARGET 2

STOPLOS

ALLCARGO

BUY

131.50

133.25

136.00

130.00

IDFC

BUY

157.00

158.50

160.60

155.50

Thursday, October 13, 2011

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR OCTOBERT 13 - THURSDAY

As we anticipated yesterday, Nifty witnessed a significant gain on the back of the positive results of infosys. Spot nifty gained 125.05 points and closed near 5100 (5099.40) whereas Nifty Futures closed at 5114.85 up by 132.40 points. The market for tomorrow is likely to remain positive as per the technical indications. The major resistance for Nifty futures is seen near 5190 which if breaks, Nifty may touch 5255-5300 level in coming trading sessions. 5070 will act as crucial support and a trade below this level would trigger negative run in the market.

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