Wednesday, May 2, 2012

Nifty Strategy |Stock Tips Today 2 May 2012

Nifty Strategy For today :- Today nifty trading is expected between the broad levels of 5170-5300. If the market breaches the level of 5270 on the upper side then the next resistance level will be 5300. But if nifty breaches the support level of 5210 then it may go down till the level of 5210.As HUL announce its better then expected HUL result,will help to lead the market at positive note. 
Stock calls today :- Buy Jindal Drilling with stop lossof 297 and target of 304.5 - 306.5 
Buy Reliance with stop loss of 736 and target of 748-752-755. 
Buy Federal Bank with stop loss of 412.5 and target of 422.5- 424.5-426.5 
Buy Adani Enterprise with stop loss of 272 and target of 285-above 285 --> 289.5-293 
Sell Tata Coffee with stop loss of 862 and target of 850- 846-842 
Sell HDFC with stop loss of 680 and target of 671 668- 665 
Sell Titan Indus with stop loss of 237 and target of 230.5-228.5-227