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Nifty Intraday Trend Analysis, Stock Market Prediction & Support Levels
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Nifty Trend for – 19-01-2012
No CommentsMarkets had a cautious start and remained lower for most part of the session led by profit booking. TCS nos. led IT sector down and metals, capital goods indices dragged markets towards the support zone. Opening of European markets in red territory further plunged Indian indices. Nifty future is still facing stiff resistance at 5000; if it is able to maintain above this then we expect to see it around 5100 otherwise if it slips below 4940 then it will get support around 4880-4830.
TREND: Sideways
SUPPORT: 4880 & 4830
RESISTANCE: 5015 & 5080
Major Nifty News-
- Sensex ends flat; cap goods, IT, metals fall but RIL up 5%.
- Capital goods, IT, metal and auto being the worst performers;Oil & gas highest
- gainer.
- Essar Oil plunges over 11% on Rs 63 bn tax blow.
- RIL to consider share buyback on January 20.
- Bajaj Finance Q3 profit jumps 57%.
- Coal India hit by wage hike, down 3%.
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Published on January 18, 2012 · Filed under: Stock & Commodity Market Analysis (Nifty Sensex MCX Gold Silver) / Sure Shot Intraday Trading Tips & Calls; Tagged as: Agri tips, BTST, Bullion Metal tips, bullion tips, Commodity Market Tips, commodity tips, commodity tips free, currency tips, Currency Tips Free, currency trading tips, Equity tips, forex tips, Forex Tips Free, forex trading tips, free calls, free commodity tips, Free Equity Tips, free intraday tips, free stock tips, Intraday Tips, Mcx tips, Ncdex tips, Nifty Futures Tips, Nifty Tips, nifty tips free, ShareMarket Tips, Sharemarket Trading Tips, Silver Prices, STBT Calls Daily Nifty Levels, Stock Future Tips Stock Option Tips, stock tips, Stock Tips Free Stock Futures Tips, Stocks and Shares Tips, StockTrading Tips, sureshot mcx tips, TriFid Blog, TriFid Research