Friday 17 August 2012

0 Nifty Tips, Nifty Levels, Nifty Trend, Market Outlook 21 August


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The market on Friday closed with moderate gains with FMCG being best performer. The Sensex closed at 17682 (provisional), up 24 points from its previous close, and the Nifty closed at 5367 (provisional), up 3 points.

Expected Nifty Trend on Tuesday 21 August 2012

Today, Nifty needs to trade above 5380 for sentiments to be positive. Technically Support for Nifty is seen at 5348-5335 and resistance at 5382-5403.The broader direction of the market is on the upside though there may be some consolidation.

Bank Nifty Tips For Today

Key levels for Bank Nifty today is 10460 and for CNX IT it is 5912.

Intraday Stock Tips For 21 August

Buy Shriram Transport above Rs 605 with a target of Rs 670-675 and stop loss of Rs 590
Buy Cairn India above Rs 342-345 with a target of Rs 375,
Buy Delta Corp with a target of Rs 68.50 and stop loss of Rs 62

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