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Tuesday, May 8, 2012

Intraday Calls & Nifty Trading Levels Today 8 March

NSE Intraday Tips, Stock Market Trading Trend, Nifty Support Resistance Levels, Hot Stocks To Buy Sell Today, Tuesday 8 May: Indian share markets are likely to start trade on flat to soft note on weak cues coming from IT sector. We also Wish you Happy Mother's Day!
Nifty Outlook Today 8 May: On higher side, Nifty will continue to see selling pressure around 5,150-5,180 levels. We can see that it is heading towards 5,000. Overall, markets are looking range bound and Nifty will continue to trade in broad range of 5,000-5,300. On the upside we have a major resistance at 5,160-5,180 odd levels and it is likely that there may be short term declines from this level. We can expect the rally to continue towards 5,160-5,180 and we will take the market from there. The major support in the index is at 5,080 points.
NIFTY: Support==5,160-5,180 Resistance== 5,160-5,180
NSE Intraday Tips Today 8 May :
1) Ambuja Cement : Buy above-145 Targets 148-149.50 Stop Loss-143.5
2)Hexaware Technologies: Sell below-124 Targets 121.50-120.20 Stop Loss-125.3 

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