INTRADAY TIPS for MAY 20th 2011

INTRADAY TIPS for MAY 20th 2011

Hot share market tips for May 20, 2011!!!

Intraday Nifty Futures Tips for Tomorrow

Today market rose  in the afternoon and ended on a positive trend The S&P CNX Nifty ended at 5428.10, up by 7.50 points.
The Nifty futures closed at 5424.80, up by 0.75 points. It is looking bearish in the coming trading session if it manages to trade below the support level of 5385 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 5385 & below this level the next support near 5310 mark.
Intraday tips for May 20, 2011:

1. Buy  SBI  at CMP of 2337 and target of 2360 to 2400.
2.  Buy Supreme Infrastructure India Ltd at CMP of 187 with intraday target of 232-242.