Stock Tips-Nifty Future Chart-Daily Report:9thOct

The 50-share NSE Nifty erased somewhat gains from day's high but still managed to hold the 5700 level, supported by banking & financials, FMCG, metals, pharma and cement stocks. The index rose 26.70 points to 5,702.70. Meanwhile, the 30-share BSE Sensex gained 90.48 points at 18,799.46 after losing 350 points in previous two sessions. Even the Indian rupee recouped somewhat yesterday's losses by rising 24 paise to 52.40.

BUY SIDE STOCKS  FOR  09-10-2012

BOMBDYEING  :  BUY ABOVE  562.5 TGT 567, 572 STOPLOSS  550
BHARTIARTL  :  BUY ABOVE  273 TGT 275, 278 STOPLOSS 269

SELL SIDE STOCKS  FOR  09-10-2012

AXISBANK  :  SELL BELOW 1125 TGT 1115, 1105  STOPLOSS 1135
CENTURYTEX  :  SELL BELOW 360.50 TGT 357, 355  STOPLOSS 367
DLF  :  SELL BELOW 222 TGT 220, 217  STOPLOSS 226

SUPPORT & RESISTANCE LEVELS FOR 09-10-2012

TITAN :   282.93    277.91    269.13    264.11    255.33    250.31    241.53
TATAMOTORS  :  293.13    288.41    280.43    275.71    267.73    263.01    255.03
MARUTI  :  1439.93    1424.91    1405.18    1390.16    1370.43    1355.41    1335.6

Daily Candelstick Hourly Chart – Nifty Future

 

52 Week High- 5855.60 |  52 Week Low– 4592.40  | Weekly High – 5755  |  Weekly Low-5694.25 

R 3            R 2          R1            PIVOT      S1            S2              S 3

5831.16     5803.08    5750.41     5722.33     5669.66    5641.58      5588.91

 JUSTIFICATION    (  Buy Side  & Sell  Side  )

Nifty fut Buy Above 5790 for the Targets 5840, 5870 Stoploss 5720
Nifty fut Sell Below 5720 for the Targets 5660, 5600 Stoploss 5790