INTRADAY TIPS for MAY 18th 2011

Hot share market tips for May 18, 2011!!!

Intraday Nifty Futures and Bank Nifty Futures Tips for Tomorrow

CNX Bank Index lost -243.50 points or -2.23 %. Amongst the banking stocks State Bank of India, Bank of Baroda & Vijaya Bank lead the row.
Bank Nifty Futures shut stop at 10661.05 down by -210.25 points or -1.93 % It is looking bearish in the coming trading session if it manages to trade below the support level of 10585 else above resistance level of 10940 it would grow up. It has resistance close to the level of 10940 above this level the next resistance near the level of 11240. It has support close to the level of 10585 & below this level the next support near 10370 marks.
  
Intraday tips for May 18, 2011:

1. Exit  ONGC  at dips below  276 and resistance at 273 with a stop-loss of 278.
2.  Exit Ranbaxy at dips below  499 for Target of  491-495 and Stoploss of 503.
3.  Buy  Bharat Heavy Electricals Ltd at CMP 2056.60 with gains in range of  2091-2182 and strict stop loss of 2000.