INTRADAY STOCK TIPS FOR TODAY: Nifty Trend |Bank Nifty Support And resistance Level For Next Week(6-10 Jan)

Friday, February 3, 2012

Nifty Trend |Bank Nifty Support And resistance Level For Next Week(6-10 Jan)

Nifty Tips Today,Nifty Weekly report,Nifty trend Weekly,Bnaknifty support and resistance level weekly,Nifty strategy for next week,banknifty outlook for next week 6 jan-10 jan

Nifty Spot Level:-Nifty has resistance level at 5384 and last resistance level at 5597 and support at 5171 and last support at 4958 and has pivot level at 5230 for next week 6 to 10 jan.

Bank Nifty Spot level For Next Week:-Bank Nifty has resistance level at 10357 and last resistance level at 11006 and support at 9708 and last support at 9059 and has pivot level at 9933 for next week.

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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."