Free Intraday Stock Tips for Monday 11 July 2011

Weekly Analysis
The Nifty futures closed and settled finally at 5664 down by -80.60 points or -1.40 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5790 else below support level of 5600 it would be in a downward trend.

Bank Nifty Futures shut stop at 11459 up by 141.20 or 1.25 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11500 else below support level of 11270 it would be in a downward trend.
 
Stock Of The Week
SYNDICATE BANK 

IDBI Bank:

Buy IDBI July Futures above Rs 136.1 for target of Rs 141 and stop loss of Rs 133.6.

Market lot: 2,000

View: Bullish

Infrastructure Development Finance Company (IDFC):

Sell IDFC July Futures below Rs 131.3 for target of Rs 126 and stop loss of Rs 133.8.

Market lot: 2,000

View:
Bullish

0 comments:

Post a Comment