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Tuesday, April 24, 2012

Nifty Outlook, Intraday Tips, MCX Gold Updates Today 24 April

Intraday NSE Nifty Tips Trend Range Levels & Stock Market Calls, Best Share Picks, Trading Strategy, MCX Gold Silver Buying Tips & Live MCX Commodity Rates For Today Tuesday, 24 April 2012 ||Happy Akshay Tritiya|| Get Gold Updates, Buy Gold ETf's, MCX Gold Commodity Tips For Today ---------------------> 
Stock Market Opening Updates:The Indian markets are expected to open positive on the back of favourable global cue. The domestic markets fell sharply on Monday on weak global cues amid political instability in Europe and disappointing manufacturing data from China and the Euro zone.
Nifty Outlook & Trading Trend Today : After a sharp fall yesterday, the Indian Markets could open higher today and trade in a narrow range. The crucial NIFTY level for the day is 5,233 levels. If NIFTY trades above this level during the first half-an-hour of trade then it may test 5,278 – 5,356 levels. However, if trades below 5,233 levels for the first half-an-hour of trade then it may correct up to 5,155 – 5,109 levels.
NIFTY : Sup2-5109 Sup1-5155 Pivot-5,233 Res1-5,278 Res2-5,356 
Trading Strategy & Profit Making Sectors Today: Among the sectoral indices, IT, Metals & Realty look weak, while Healthcare, FMCG & Consumer Durables look good and could outperform.
Intraday Technical Calls Today: 
1) NTPC : Buy above 166.50 Targets- 169.00/170.30 Stop Loss-165.1 
2) Sun Pharma : Buy above 598 Targets-608/613 Stop Loss-593 
3) HDIL : Sell below 81.50 Targets-79.70/78.80 Stop Loss-82.4 

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