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Wednesday, March 26, 2014

INTRADAY STOCK TIPS AND NIFTY UPDATES

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Nifty Updates Today:

Nifty opened on a negative note today and took support at the level 6544 and recovered smartly in Indian Stock Market. Thereafter entire day nifty was trading in a narrow range of 6570 to 6595, finally nifty ended at the level of 6589 with a marginal gain of 0.09%. The Advance Decline ratio was almost 4:5.

After Monday's rally, we witnessed consolidation in the share markets yesterday and Nifty was trading in a narrow range. But we maintain bullish view on Nifty with our target of 6950. On the downside, Nifty has immediate term support at 6425, however, the short term support remains at 6200.

Nifty Updates Today

Nifty Levels for Today: 26th March 2014

Support 1: 6557 Support 2: 6526 Resistance 1: 6608 Resistance 2: 6627

Intraday Stock Tips

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Buy ICICI Bank @1252.55 SL: 1233 TGT: 1290

Buy BHEL @ 196.55 SL:190 TGT: 208

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