Intraday nifty stock tips trend range and levels for today

swati (Stock Analysis) (1702 Points)

02 January 2012  

 

Intraday Nifty Stock Tips Trend Range and Levels For Today 2 January 2011

Nifty Needs to sustain above 4680 to bring the bullish sentiment back again on Monday. Nifty has significant support in 4500-4530 range on downside. Higher volatility is possible in next few days. 5200 level will be a challenging resistance for Nifty in 2012 & on downside 3800 to 4000 zone can act as support for sometime. Fourteen stocks among the Nifty 50 stocks are trading bellow the price on 15 May 2009, the 20% election gap up day.  There is moderate to high risk in fresh long term investment. Nifty’s Intermediate trend is Down. Resistance for Nifty : 4700 ,  4800 , 4850. Support for Nifty :   4650 , 4560, 4450. Nifty Trend

Intraday Stock For Today 2 January 2011

Adani Enter Sell Below 288, Target 275, Stoploss 294.
Bata India Sell Below 524, Target 500, Stoploss 535.
Biocon Ltd Buy Above 277, Target 290, Stoploss 270.

Source ;- https://freecashmarkettips.blogspot.com/