INTRADAY STOCK TIPS FOR TODAY: bank nifty trend for 26 may

Thursday, May 26, 2011

Nifty Trend For Today | Nifty(Bank Nifty) Levels For 26 May | Nifty Tips For Intraday

Market has started again fall down so before play keep the point in mind that market can be go up-down. Market is very volatile.so overall trend is showing down.
Do not make any long position.
Today Nifty has 5296 support level and 5420 Resistance level.
and senesx has 17815 is the crucial intraday level for Sensex.

If Sensex sustains below 17820, then it could test 17600 and below that level it could test 17300.
Instead, if Sensex trades above 17820, then it could test 18050.

Bank nifty Levels:-

Today Bank Nifty has 10350 on intraday basis.

If Bank Nifty sustains below 10350, then it could test 10200, and below that level it could test 10000.

Instead, if Bank Nifty trades above 10350, then it could test 10550.

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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."