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Wednesday, August 17, 2011

Nifty Intraday Levels|Stock Tips Today 17 August


NSE BSE Intraday Stock Tips|Nifty Technical Outlook(Wednesday 17 August)
Pre-opening session of markets NSE BSE indicating a flat to weak start today due to subdued global cues. The SGX Nifty is at 5030, down 10 points. The overall trend is looking that Nifty will move in downside rather than upside.

Top NSE BSE gainers:TCS, BHEL, Bharti Airtel, Ambuja Cement, ITC Ltd., Jubilant Foodworks, Dish TV, Marico.
In the morning the Sensex opens at 16,756, up 25 points and the Nifty opens higher by 4 points at 5,040 from their previous close.

Nifty Intraday (Spot) Resistance Support Levels:Nifty last Closed on 5035 points and it is predicted that it will be in down trend today.

Resistance : Its first resistance level is at 5060 and above this level it could test the resistance level near the 5120 points.
Support : Its first support level is at 5005 and below this level it could have support level near 4945 points. 

Intraday Stock Calls:
ABRL
Sell Around- 900 with Target- 865 and Stop Loss Above - 921.
ITC 
Buy Around - 198 with Target- 205 and Stop Loss Below - 194.
RIL
Sell Below -752 with Target- 732 and Stop Loss Above - 765.
Yes Bank
Sell Around- 300 with Target- 282 and Stop Loss Above - 310.
NIIT Technologies 
Buy Around- 194 with Target- 205 and Stop Loss Above - 191.

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