The nifty market opened in red with a minimal loss and is trading at 5605 levels with a loss of (- 4.85) points and with a loss of (- 0.11 %). Nifty Intraday tips for today is to buy nifty as the nifty oscillator is showing buy signal. The nifty market closed at bull note at the market but today the opening for nifty is bearish but the nifty trend is expected to gain in the upcoming hours.
Nifty Intraday Support and Resistance Today 18 Sept:
Intraday Resistance of NIFTY are 5651 / 5685 / 5726.9 / 5765.
Intraday Support of NIFTY are 5569 / 5535 / 5500.8 / 5463.6.
Decreased sharply in the early market, but the market trends continue shopping. Although at the moment market is looking consolidate. BSE Sensex is trading at 17434 gaining 4.70 points and NSE Nifty is trading at 5256 by lossing 3 points.
Auto shares have surged between about 1 per cent. Power, IT, technical, PSU, consumer durables stock has climbed from 0.75 to 0.5 per cent. Realty, bank, capital goods stocks have moved up from 0.3 to 0.1 per cent. Oil and gas stocks have seen a decline of 0.4 per cent. FMCG, metal, healthcare stocks are sluggish.
Nifty Tips For Today
Nifty stocks Ranbaxy, Cipla, Bajaj Auto, NTPC, Infosys, Power Grid, SBI, BHEL, Axis Bank, DLF, Coal India, HCL Tech, Kotak Mahindra Bank, Asian Paints, Bank of Baroda are up about 2.25 to 1 per cent.
Jindal Steel, Ambuja Cements, BPCL, ACC, Jaiprakash Associates have fallen from 2.5 to 0.5 per cent. Reliance Industries, Bharti Airtel, L & T, Dr Reddy's, Tata Power has slipped.
Nifty Midcap Pharma Orbindo have sprung up 7.5 per cent. Vijaya Bank, Petronet LNG, Bajaj Holdings, Lanco Infra are up 2.7 to 2 per cent. BSE Smallcap Everest Kanto, COMEX Tech, Saawariya Agro, OM Metals Infra gained 11-7 per cent.
Nifty Trend For Today
Nifty in the range from 4800 to 5400 can be seen in the realm of business. Any negative news comes from the global markets or markets in the European debt crisis will emerge again until the fall of 4800 could show the market again.
Something important for the country's economy needs to be taken to the market could support. The news of the postponement of Gar markets may also be positive. Excluding capital gains tax to be applied to the STT news may remain negative for the market in the short term.