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

Wednesday, October 10, 2012

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR OCTOBER 10 - WEDNESDAY

 Nifty closed on a bullish note at 5704 level . So today the first resistance for nifty is at 5730-35. Next resistance ranges are at 5759-64,5798-03,5822-27,5850-55,5888-93,5917-22 levels. On downside first support is at 5680-75 level. Next supports are at 5650-45,5627-24,5610-05,5590-85,5553-49,5530-25 level.So today intra resistance will be at 5735,5764 and 5503 levels and on down side be alert below 5675 and avoid longs below 5645. Positional Support for NIFTY 5668 5541 5465 5419 5369 5255 5208 and positional Resistance for NIFTY is 5717 .
Intraday Resistance of NIFTY are 5733.5/5757.5/5797.3/5817.5/5855.9/5894.4
Intraday Support of NIFTY are 5675.7/5651.7/5609.7/5589.8/5552.3/5514.9
Oscillator AnalysisNIFTY is now trading in highly overbought level. The oscillator is showing SELL signalShort Term Oscillator Analysis- and NIFTY in oversold region.

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