Showing posts with label free nifty support and resistance levels for tomorrow. Show all posts
Showing posts with label free nifty support and resistance levels for tomorrow. Show all posts

Here some hot stocks for tomorrow with their trading strategies, by using these trading strategies you can make a good return from market, these are-

Tulip Telecom Ltd
Today closed at 155.85 with -0.15.
        Resistance 3       159.4
        Resistance 2       158
        Resistance 1       156.8
     PP (Pivot Point)     155.4
        Support 1           154.2
        Support 2           152.8
        Support 3           151.6
Action: Buy Tulip Telecom Ltd. above 160
Target: 163- 166, Stoploss: 151

TRF Ltd
Today Closed at 384.65 with -12.75 or -3.2% down.

          Resistance 3          414.5
          Resistance 2          407.25
          Resistance 1          395.85
         PP (Pivot Point)      388.6
          Support 1               377.2
          Support 2               369.95
          Support 3               358.55
Action: Buy the TRF Ltd. above 386
Target: 388-395, Stoploss: 380

Bharat Bijlee Ltd
Today Closed at 969.25 with -20.80  or -2.1% down

          Resistance 3          1000.1
          Resistance 2            993.05
          Resistance 1            981.15
         PP (Pivot Point)        974.1
          Support 1                962.2
          Support 2                955.15
          Support 3                943.25
Action: Buy Bharat Bijalee above 975
Target: 980-987, Stoploss: 966

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Here are the Technical view on Nifty and Bank Nifty Futures- 

Market outlook on Nifty (13th April ’11)
Industrial growth going very slow at 3.6% in February 2011 as compared to an expansion of 15.1% in the year-ago period and rising crude prices,silver, gold prices which may result in a fiscal strain on the economy, exerted pressure on the bourses, as the S&P CNX Nifty, ended almost at the day’s lows of 5,785 with 56.30 negetive points respectively.
The Nifty futures closed and settled finally at 5798, down by -56.90 points or -0.97 %. It looking bearish in the coming trading session if it manages to trade below the support level of 5795 else above resistance level of 5850 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 5850 & above this level the next resistance is seen near the 5935 mark. 
SUPPORT: It has first support close to the level of 5795 & below this level the next support is seen near 5770 mark.


Market outlook on Bank Nifty (13th April ’11)
In banking, CNX Bank Index lost -74.45 points or 0.65 %. Amongst the banking stocks United Bank of India, Axis Bank and HDFC Bank lead the row.
Bank Nifty Futures shut stop at 11620.10 down by -91.50 points or 0.78 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 11580 else above 11960 it would might be in an upward trend.

RESISTANCE: It has first resistance close to the level of 11960 above this level the next resistance is seen near to the level of 12050.
SUPPORT: It has first support close to the level of 11580 & below this level the next support is seen near 11335 marks.

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Benchmarks extended winning streak for eighth consecutive session and closed above psychological resistance levels of 5800 on the settlement day of March series F&O expiry. The S&P CNX Nifty closed at 5833.75, up 46.10 points or +0.80 %.

The Nifty futures closed and settled finally at 5833.75, up by 34.35 points or 0.59 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5885 else below 5770 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5885 & above this level the next resistance is seen near the 5925 mark.

SUPPORT: It has first support close to the level of 5770 & below this level the next support is seen near 5660 mark.


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Today Nifty closed at 5736 with the with the 49 positive points 0.86% inpercents so the market looks technically up but may find some hiccups around 5724’ the market climbed up and has finally closed closer to 5724…technically the market is still up but the first sign of profit booking will come in when the market opens higher and trades below 5725

The support for the Nifty is at 5680 and resistance at 5757-5826        

Today BSE Sensex closed at 19121 with 177.66 positive points 0.94  in percentage.

The support for the Sensex is at 19000 and resistance at 19202-19403



For The Free Trading Tips Click Here- FREE NIFTY TIPS

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Technically the market is still in a sideways zone and The market has unfolded strong but in the process has generated a tight range bar and so trade long as long as 5500 holds.
The support for the Nifty is at 5500 and resistance at 5554-5580
BSE Sensex: (18351) the crucial support on the Sensex on the downside is 18270 and resistance at 18575

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Nifty (5480) Technically the market is still weak and is in sell mode and we may see a reaction but strong resistance of 5500’ the market unfolded reactive as expected and closed in the green…technically we could see some more reaction but the crucial level to watch would be 5375’ the market unfolded as expected and we seen a high very close to 5500 and has closed in the green…technically the market is still in a sideways zone and So
The support for the Nifty is at 5400-5430 
The resistance at 5510-5580
BSE Sensex: (18206) the crucial support on the downside is 18000
and resistance at 18316-18575
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Here are the trading strategies for nifty, bank nifty futures for tomorrow-
Nifty Futures
Buy Nifty Futures above 5,450 for
Target Rs. 5,470-5,490 and stop loss of below Rs 5,430.
Bank Nifty Futures
Sell Bank Nifty Futures below 10,740 for
Target of Rs. 10,670-10,600 and stop loss above of Rs 10,790.
For the more free tips Click Here- Free Nifty Futures Tips

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