Thursday, April 21, 2011

Today nifty
Today nifty traded in a tight range with rather positive bias and closed just below the 5900 levels. Volume was increased compared to previous trade. Market breath was positive with 31 advances and 19 declines. FII’s were net buyers for 307.79 crores. DII’s were net sellers for 269.61 crores.
Nifty view for Monday
Global cues would lead the market on Monday. As FII’s were net buyers on Friday we may expect an up move on Monday. The 5900 would be a psychological level to be watched for Monday trade.
Free intraday tips for Monday
Buy above 5900 t1 – 5930, t2 – 5960, t3 – 5990 stop loss – 5880
Sell below 5880 t1 – 5850, t2 – 5820, t3 – 5790 stop loss – 5900

Today bank nifty
Today bank nifty traded in a tight range with positive bias and closed just below the 11,900 levels. Volume was increased compared to previous trade. Market breath was neutral with 6 advances and 6 declines.
Bank nifty view for Monday
The 11,730 would be crucial level to be watched for Monday trade. Trading with strict stop loss is advised.
Free intraday tips for Monday
Buy above 11,900 t1 – 11,960, t2 – 12,030, t3 – 12,090 stop loss – 11,840
Sell below 11,840 t1 – 11,780, t2 – 11,720, t3 – 11,660 stop loss – 11,900


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