Asian stocks fell, the domestic markets opened on a soft note, with IT stocks weighing down on the bourses, after two consecutive sessions of gains the previous week.
Nifty traders can watch 5650 as key support & 5720/5760 as key resistance on Tuesday. Investors are safe as long as Nifty is trading above 5590. Nifty’s short term trend is up. Nifty’s Intermediate trend is up.
Nifty Intraday Tips Supports - 5648 - 5584 Resistances are 5716 - 5745.
Buy stop loss (strict) 5645 target - 5716 - 5745.
SUPPORT & RESISTANCE LEVELS FOR NIFTY :-
RESISTANCE: It has first resistance close to the level of 5730 & above this level the next resistance is seen near the 5796 mark.
SUPPORT: It has first support close to the level of 5660 & below this level the next support is seen near 5570 mark.
ACCURATE STOCK ADVICE TODAY :-
1. BUY Elgi Equipments, target of Rs. 105, Price was Rs. 82.60.
2. BUY Tata Motors(DVR), target of Rs. 968, Price was Rs. 693.50.
3. BUY Corporation Bank, target of Rs. 722, Price was Rs. 572.70.
Nifty traders can watch 5650 as key support & 5720/5760 as key resistance on Tuesday. Investors are safe as long as Nifty is trading above 5590. Nifty’s short term trend is up. Nifty’s Intermediate trend is up.
Nifty Intraday Tips Supports - 5648 - 5584 Resistances are 5716 - 5745.
Buy stop loss (strict) 5645 target - 5716 - 5745.
SUPPORT & RESISTANCE LEVELS FOR NIFTY :-
RESISTANCE: It has first resistance close to the level of 5730 & above this level the next resistance is seen near the 5796 mark.
SUPPORT: It has first support close to the level of 5660 & below this level the next support is seen near 5570 mark.
ACCURATE STOCK ADVICE TODAY :-
1. BUY Elgi Equipments, target of Rs. 105, Price was Rs. 82.60.
2. BUY Tata Motors(DVR), target of Rs. 968, Price was Rs. 693.50.
3. BUY Corporation Bank, target of Rs. 722, Price was Rs. 572.70.
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