TradingFunda.com

Markets continued their winning streak to end nearly 1% on Friday tracking firm global cues. The Sensex, after touching a high of 18,423.06 in the morning, slipped to a low of 18,234.56. The index finally ended up 135.36 points at 18,289.35. Nifty crossed the 5,600 mark and finally ended at 5,564.30 with up 42.35 points……..

Read more here @ Nifty Futures

With the markets erasing almost all its losses, the underlying trend continues to remain up. Immediate resistance levels for Nifty are at 5,275 & 5,230, while support levels are at 5,159 & 5,125. 

1) Buy Tata Power at-115 with Stop Loss- 108

GET FULL NEWS & LIVE TIPS VISIT HERE>> Intraday Stock Tips Today

Markets 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%.

For More Info Click Here

Nifty Trend for – 18-01-2012

Indices saw gap up opening in support of strong global cues and nifty future opened above 4900. Positive momentum was witnessed throughout the session but faced hurdle around 5000 level. Positive opening of European markets & strong rupee helped markets to give closing above 4900. Now, 5015 will act as stiff resistance in this bull rally. If it surpasses 4950 then 4915 is immediate support for it while next support is around 4850.

TREND: Up

SUPPORT: 4915 & 4850

RESISTANCE: 5015 & 5080

Major Nifty News-

• Sensex jumps 277 points to end above 16,400.
• Metal, capital goods and realty remained the best performers.
• RCom ties up refinancing for redemption of FCCBs of USD 1.18 bn.
• Zee News consolidated Q3 profit surges 61%.
• HCL Tech tops street estimates; cons net jumps 43% YoY.
• Maruti Suzuki shares up on price hike, vendor hedging report.

For More Info Click Here

Nifty Trend For Today- 30-12-2011

Nifty Future closed below 4650 in the last expiry session of this year. Markets became weak in the last hour of trade due to slaughtering in capital goods, oil & gas indices. It can be said that nifty is again in its bearish trend once it reaches 4600 level then next support can be seen around 4530.Now, 4810-4850 will act as crucial resistance for nifty. Major weighted stocks Reliance, SBIN are not supporting nifty for uptrend.

TREND: Down

SUPPORT : 4600 & 4530

RESISTANCE: 4730 & 4800

Major Nifty News -

• Sensex, Nifty fall over 1% at close; RIL, Infy, L&T drag.
• Oil & gas and capital goods were the biggest losers.
• Asian markets, euro slip as Europe fears weigh.
• DLF, Hubtown divest stake in Pune-based IT park for Rs 8.1 bn.
• CRISIL downgrades DLF`s debt programmes.
• Food inflation falls sharply to 0.42%

For More Info Just Click Here

Free Nifty Tips On Your Mobile- 30-12-2011

CALL : SELL NIFTY FUT BELOW 4690 TARGETS 4670/4645/4620 SL 4715.

CALL : SELL GITANJALI EQ. BELOW 300 TARGETS 297/293.50/290 SL 303.10.

CALL : SELL BAJAJAUTO FUT BELOW 1592 TARGETS 1584/1575/1565 SL 1600.

CALL : SELL IRB FUT BELOW 132 TARGETS 131/129.50/128 SL 133.10.

CALL : BUY NIFTY 4500 PUT OPTION ABOVE 66 TARGETS 80/100/120 SL 55.

To get More Free Calls Click Here

Nifty before expiry shows down trend; break range bound movement but closed above 4700. Yesterday nifty got support around 4680, opening below this level; will take it towards 4630 mark. Due to expiry session we can see more volatile movements in market. Above 4730 level it may cover to 4800-4850 and closing above 4850 will show upward trend in market. So wait and watch the expiry session of year ended 2011.                Happy New Year.  

TREND: Sideways

SUPPORT      : 4670 & 4620

RESISTANCE:  4800 & 4880

Major Nifty News-

• Sensex closes 146 points lower; Jindal Steel plunge.
• Banking stocks crack; ICICI Bank, PNB down over 3%.
• Punjlloyd bags Rs 10.5 bn project from GMR.
• Coal production achieved 91% pro-rata target in 2011
• Tata Power to acquire 51% BP`s stake in solar JV.
• LIC Housing shares rise on fund raising report.

For More Info. Just Log on to- http://www.trifidresearch.com

Free Nifty Tips- 27-12-2011

BUY HAVELLS EQ. ABOVE 402 TARGETS 406/410/415 SL 398.

BUY PUNJLLOYD FUT ABOVE 42 TARGETS 42.50/43.20/44 SL 41.50.

BUY LT 1100 JAN CALL OPTION @ 32 TARGETS 36/40/45 SL 27.

For More Info Click Here

Markets closed on a positive note for the first session of the week. Buying activity was witnessed but with low volumes. We expect the markets to be range bound trading between 4700-4850 as per the expiry ahead and absence of institutional investors. Strength in nifty can be seen above 4850 while 4940 can act as a hurdle for it. It looks weak below psychological level of 4700 surpassing which it will get support around 4630.

• ·         Sensex trades up 200 points; Infosys, RIL, Bharti lead.
• ·         IT, realty, metal and capital goods were the biggest gainers.
• ·         Havells India in JV with Shanghai Yaming Lighting Co.
• ·         JP Morgan picks 3.26% stake in Madhucon Projects.
• ·         NHAI scraps Goa road contract with IRB Infra.
• ·         ONGC, DGH nod for oil production from Cairn’s Bhagyam field.