12/26 Nifty Tips for Tomorrow

Nifty Tips for Tomorrow         Nifty Future Trend For Monday 27th Dec 2010 December 24, 2010 at 5:08 AM   Nifty future saw healthy recovery after a long consolidation phase and closed  near to its major resistance level, but still moving under 10 days and 50 days moving average. If Nifty future manages to sustain above 6050 levels, It may take more up move from there till 6100-6150. One should take long position in it after proper break out. RESISTANCE: It has first resistance close to the level of 6094 & above this level the next resistance is seen near the 6135 mark. SUPPORT: It has first support close to the level of 5977 & below this level the next support is seen near 5900 mark.           Bank Nifty Position For Monday 26th Dec 2010 December 24, 2010 at 5:04 AM   Bank nifty future saw smart pull back in last trading session but still manages its long consolidation phase. one should take position after proper break out on either side. 11735 is major resistance level if it manages to sustain above this level it can take more up move from there.   RESISTANCE- It has first resistance close to the level of 11735 & above this mark the next resistance is seen close to the level of 11850. SUPPORT: It has immediate support at 11345 marks & below this level the next support is seen close to the level of 11180.         Bank Nifty Position For Monday 27th Dec 2010 December 24, 2010 at 5:04 AM   Bank nifty future saw smart pull back in last trading session but still manages its long consolidation phase. one should take position after proper break out on either side. 11735 is major resistance level if it manages to sustain above this level it can take more up move from there. RESISTANCE- It has first resistance close to the level of 11735 & above this mark the next resistance is seen close to the level of 11850. SUPPORT: It has immediate support at 11345 marks & below this level the next support is seen close to the level of 11180.         Accumulate Tata Steel and Ispat Industries December 23, 2010 at 11:15 PM   Buy Tata Steel For TGT-672-678 SL-658 Buy Ispat Ind TG-30 (Hold for a month) Bajaj Auto Hold for Tgt of 1550 (Short term Pick)         Stock Trading Strategy For Today December 23, 2010 at 12:30 PM   Polaris Software Lab Ltd :- The stock is trading below the 200 day moving average. Hold with a stop loss of 150 for a target of 220 in 3 months. Current Market Price (CMP) of the share is Rs 179.45 ( HOLD ) ICICI Bank Ltd :- The stock is likely to consolidate for some more time. The stock has support at 1120 so hold with a stop loss of 1100. Current Market Price (CMP) of the share is Rs 1130.45 ( HOLD ) BF Utilities Ltd :- The stock is weak on the charts. Can switch to Indiabulls Real Estate. Sell on rally. Current Market Price (CMP) of the share is Rs 1130.45 ( SELL ) For More Stock Tips- CLICK HERE              This email was sent to onlineequity9@gmail.com. Delivered by Feed My Inbox PO Box 682532 Franklin, TN 37068 Account Login Unsubscribe Here