Showing posts with label NIFTY LEVELS TODAY. Show all posts
Showing posts with label NIFTY LEVELS TODAY. Show all posts

Monday, May 12, 2014

NIFTY TIPS AND STOCK CALLS

Nifty didn't break 6650 and witnessed a sharp bounce back on Friday. After Friday's move we revise our short term target to 7100 from 6950. However, on the downside, 6650 remains a key support level for short term. Thus any correction is a good buying opportunity with stop-loss of 6650.

NIFTY LEVELS TODAY

Support 1 : 6716
Support 2 : 6574
Resistance 1 : 6936

NIFTY CALLS

Resistance 2 : 7013
Buy Nifty Above 6870 SL 6814 TGT 6950
Sell Nifty Below 6750 SL 6781 TGT 6690

STOCK TIPSSTOCK TIPS

Buy IBREALEST @ 63.80 SL: 61.30 TGT: 68
Buy PNB @ 818.75 SL: 803 TGT: 845


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