On Daily charts, we can observe that the momentum indicator RSI has started moving northwards from the Oversold Region. For the coming session, 4870 is the immediate support for Nifty and if this is broken, next support is seen at 4,840/4,800. On higher levels, 4,930 is the immediate resistance for it and any gains above these levels are likely to face stiff resistance at 4,960/5,000.
Nifty has strong supports around 4,720 and immediate resistance stands at 4,960-5,110 levels.
Intraday stock tips for tomorrow:-
Buy Britannia Industries; target of Rs 515
Buy Tantia Constructions; target of Rs 73
Hold Redington India; target of Rs 104
Hold Take Solutions; target of Rs 43
Buy ONGC, Reliance at lower levels
S Kumars Nationwide may test Rs 54
Buy Tata Motors; target of Rs 1176
ONGC may rally upto Rs 310
Accumulate banking stocks at lower levels
ONGC can go upto Rs 310-315
RIL has resistance at Rs 775-790
Jaiprakash Associates can test Rs 67
Buy Bilcare; target of Rs 831
Buy Hindalco; target of Rs 193
Buy Britannia Industries; target of Rs 515
Buy Tantia Constructions; target of Rs 73
Hold Redington India; target of Rs 104
Hold Take Solutions; target of Rs 43
Buy ONGC, Reliance at lower levels
S Kumars Nationwide may test Rs 54
Buy Tata Motors; target of Rs 1176
ONGC may rally upto Rs 310
Accumulate banking stocks at lower levels
ONGC can go upto Rs 310-315
RIL has resistance at Rs 775-790
Jaiprakash Associates can test Rs 67
Buy Bilcare; target of Rs 831
Buy Hindalco; target of Rs 193
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