INTRADAY STOCK TIPS FOR TODAY: Bank Nifty Intraday Range

Wednesday, September 19, 2012

Bank Nifty Intraday Range | Stock Tips For 20 September

Nifty Range For Today :- Bank Nifty have support at 10949 if this will break then next support will be at 10766.It has resistance level at 11132 if this will break then next resistance will be at 11315. Bank Nifty have pivot level at 11019.

Nifty Future Levels :- Nifty Future Support Level- 5599/5568 Resistance Level – 5629/5659 With pivot level – 5615.

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Stock Tips For Tomorrow :- Buy ZEE ENTERTAINMENT above 182 for target 184 with stop loss of 178.

Sell CAIRN INDIA below 349 for target 345 with stop loss of 305.

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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."