INTRADAY STOCK TIPS FOR TODAY: NIFTY TIPS,BANK NIFTY WEEKLY TREND

Friday, February 10, 2012

NIFTY TIPS,BANK NIFTY WEEKLY TREND

Nifty tips for next week 13 feb-17 feb ,bank nifty trend for next week,nifty support and resistance level for next weekly,bank nifty weekly trend

BANK NIFTY SUPPORT AND RESISTANCE LEVEL:-Bank Nifty has resistance level at 10603 and last resistance level at 10975 and support at 10231 and last support at 9859 and has pivot level at 10393 for next week.

NIFTY TIPS FOR NEXT WEEK:-STAY LONG ABOVE 5365 FUTURES STAY SHORT BELOW 5365 STOPLOSS 20 POINTS IF HITS 5365 (CHANCES ARE LESS BY THE WAY) FOR 100 + POINTS.

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CapitalVia Global Research Head of Research Vivek Gupta said: "The good thing to cheer for the investors is that now they own a stake in the company which is much more clean in all the aspects and is amongst the top-five IT companies." Via moneycontrol.com Commenting on the outlook, the broking firm CapitalVia Global Research said, "Next week, if gold sustains above the level of 26,430 then by breaking the level of 26,890, it may touch the level of 27,250. But if it fails to sustain above 26,430 then may touch the level of then it may test the level of 25,311/25,200. For silver 42,800 may act as good resistance. For the next week, traders can sell on higher level strategy, if MCX Silver September futures sustains below 41,080 then it could test the levels of 40,340/ 39,900." Via myiris.com Vivek Gupta, head of research, CapitalVia Global Research said, "Technically, Nifty is likely to consolidate in the upcoming session and remain bullishly poised. Major resistance for upside is 6,080 with the crossing of which 6,150 can be touched. For downside, major support is at the level of 5,850 and 5,750."