Tuesday, May 8, 2012

Nifty Range |Indian intraday tips today 8 may 2012

Nifty Range Today :- Today nifty has weak trend.Nifty is going to trade between the broad range of 4940-5215.If Nifty breaches 5190 and stays above at least 5151 with good volume then Nifty trend is becoming 'strong' and may see 5230 and 5270 in coming sessions. If Nifty breaches 5039 and stays below 5077 then nifty trend is to be 'weak'.Then expected lower targets are 5000 and 4920. 
Indian Intraday Tips Today :- Buy ARVIND with stop lossof 88 for the target of 96/100 
Sell Federlbnk 411-412, with stop loss of 415.50 for Target of 407-404-398. 
Buy JSW STEEL above 725 with stop loss of 715 for target of 740. 
Buy RUSHIL DECOR above 241.50 with stop loss of 245 for target of 236.