"Sell Tatasteel Future below 472
Tgt 468/462 Sl 478"
"Buy Axis Bank Future above 475 Tgt 478/482 Sl 472 "
Nifty came under some pressure today
after hitting record highs in the previous four sessions. . Nifty also
slipped below the 8300 levels. Nifty started at 8331 made a high of 8360 and
low of 8290 and closed at 8337. Total 70 points was played by nifty throughout
the day. Sensex fell over 150 points to hit at 27739 at day's low.
The market should not run up
continuously. A little bit of consolidation at every stage is extremely healthy
for the market and that is a welcome thing. This was a truncated week, but the
bias is definitely positive, the market trend still remains on the upside.
A very good trading session we are expecting For Monday.The Nifty is vacillating near about
8330-8360 level. Bulls will try to achieve the target of 8380 once this level
is taken out convincingly; the chances will become bright for touching the level
8400 while on lower side it has a strong and immediate support of 8285.
More about intraday tips on Google +
RESISTANCE: 8350, 8400, 8450
SUPPORT: 8285, 8235, 8185
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