Intraday Stock Tips for Friday 27 Jan 2012

Nifty remained firm for yet another day and ended with a gain of 30 points at 5158. Nifty ended the day with a gain of 30 points. We recommend a sell at present level and on a rise till 5,200 with a stop loss of 5,250, there is a possibility that Nifty may decline till 5,000 and below that 4,970 is possible in next few sessions.

Nifty Futures is looking bullish in the coming trading session if it manages to trade above the resistance level of 5180 else below support level of 5130 it would be in a downward trend.
RESISTANCE 2    RESISTANCE 1     SUPPORT 1      SUPPORT 2
         5250                      5180                       5130                  5040
          
In banking, Bank Nifty Futures is looking bullish in the coming trading session if it manages to trade above the resistance level of 9950 else below support level of 9740 it would be in a downward trend.
RESISTANCE 2    RESISTANCE 1     SUPPORT 1      SUPPORT 2
        10130                     9950                     9740                    9560

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