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

Tuesday, October 9, 2012

NIFTY LEVELS INTRADAY TREND ANALYSIS FOR OCTOBER 09 - TUESDAY

Nifty closed on a bearish note at 5676 level . So today the first resistance for nifty is at 5698-03. Next resistance ranges are at 5721-24,5736-39,5760-64,5798-03,5822-27,5845-50,5888-93,5917-22 levels. On downside first support is at 5650-47 level. Next supports are at 5632-27,5595-90,5575-71,5553-49,5530-25 level.So today intra resistance will be at 5703,5724 and 5739 levels and on down side be alert below 5647 and avoid longs below 5627. Have a look at weekly trend.
Positional Support for NIFTY 5659 5523 5455 5406 5363 5247 5203 and positional Resistance for NIFTY is 5713 .
Intraday Resistance of NIFTY are 5722.9/5761.8/5792.9/5813.2/5851.9/5890.7
Intraday Support of NIFTY are 5629.1/5590.2/5546.2/5508.6
Oscillator AnalysisNIFTY is now trading in highly overbought level. The oscillator is showing SELL signalShort Term Oscillator Analysis- and NIFTY in oversold region.

2 comments:

  1. This is the precise weblog for anybody who needs to seek out out about this topic. You notice so much its almost arduous to argue with you. You positively put a brand new spin on a subject that's been written about for years. Nice stuff, simply nice!

    ReplyDelete
  2. I don’t know how should I give you thanks! I am totally stunned by your article. You saved my time. Thanks a million for sharing this article.

    ReplyDelete