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Monday 16 May 2011

INTRADAY TIPS for MAY 17th 2011

Hot share tips for May 17, 2011!!!


Intraday Nifty Futures and Bank Nifty Futures Tips for Tomorrow

Nifty Futures:
Exit Nifty Future below Rs 5470 for target of Rs 5435-5440 and stop loss of above Rs 5492.
It will face Resistance  at 5530-5565
Support : 5470-5430

Bank Nifty Futures
Sell Bank Nifty Futures below Rs 10,820 for target of Rs 10,750-10,700 and stop loss above of Rs 10,870.
Resistance : 10980-11100 and support at : 10760-10670
  
Intraday tips for May 17, 2011:

1. Buy Lupin Ltd on current price of 448.05and target of 456-460 with a stop-loss of 441.
2.  Buy LIC housing finance ltd on current price Rs. 222 for Target of Rs 227-230-232 and Stoploss of Rs 220.
3. Exit Tata Steel if it reaches near Rs 595 figure mark currently it has a negative trend and is expected to fall below Rs 570.


1 comment:

Anonymous said...

I booked profits by selling lupin @ 453... thanks mate... :)
Also I sold Tata steel @ 585... but LIC finance did not perform as per expectation. pls guide regarding LIC.