INTRADAY TIPS for MAY 19th 2011
Hot share market tips for May 19, 2011!!!
Intraday Nifty Futures and Bank Nifty Futures Tips for Tomorrow
The markets were down for the third day of the week as RIL, SBI, ONGC witnessed selling pressure through the day. The S&P CNX Nifty closed the day down -18.35 points or -18.35 % at 5420.60.
The Nifty futures closed and settled finally at 5424.05, down by -23.35 or -0.43 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5380 else above resistance level of 5465 it would be in an upward trend.
It has resistance close to the level of 5465 & above this level the next resistance near the 5540 mark. It has support close to the level of 5380 & below this level the next support near 5310 mark.
The Nifty futures closed and settled finally at 5424.05, down by -23.35 or -0.43 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5380 else above resistance level of 5465 it would be in an upward trend.
It has resistance close to the level of 5465 & above this level the next resistance near the 5540 mark. It has support close to the level of 5380 & below this level the next support near 5310 mark.
Intraday tips for May 19, 2011:
1. Buy OPTOCIRCUIT at CMP of 295.55 and target of 310-312
2. Buy LIC at CMP of 208.5 with intraday target of 212-214.
3. Buy Tata global at CMP of 96 and target of 105.
3. Buy Tata global at CMP of 96 and target of 105.
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