Wednesday, May 16, 2012

Nifty Strategy Today |Stock tips 16 May 2012

Nifty Strategy for today :- Nifty has weak trend today.if nifty breaches 4991 and stays above at least 4966 with good volume then nifty trend is becoming 'strong' and may see 5020 and 5050. if nifty breaches 4895 and stays below 4919 then nifty trend is to be 'weak'.then expected lower targets are 4870 and 4820. Intraday break out level to watch on nifty spot- 4991 intraday break down level to watch on nifty spot- 4895 
Stock tips for today :- Buy kpit above 121.50 target 123-126 stop loss 119. 
Sell ADITYA BIRLA NUVO below 803.50 for the target of 795 with stop loss of 815. 
sell C MAHENDRA below 118 for the target of 116 with stop loss of 121. 
Buy graphite india at 93, stoploss 89.8, target-95-96-98.