NIFTY
- Updated for-Jan/31/2012 Nifty took a break on upward journey and tanked to close lower at 5087.
- Today the first resistance for nifty is at 5121-26 level. Next resistance ranges are at 5153-58,5166-70,5210-15,5250-55,5340-45 levels.
- On downside first support is at 5052-48 level. Next supports are at 5018-13,4993-88, 4963-60,4950-47,4907-02, 4872-68,4863-59,4842-38,4812-07 level.
- Nifty again closed on deep red after short bul rally So today if nifty trades below 5050 be very alert and sellers will take the control if nifty is below 5013 so unless nifty trade well above 5126 long is not advisable.
The State Trading Corpn:Strong Buy
2nd Resistance Point 261.317
1st Resistance Point 252.633
Last Price 243.950
1st Support Level 227.633
2nd Support Level 211.317
Honda Siel Power Products Ltd :Strong Buy
2nd Resistance Point 386.417
1st Resistance Point 378.133
Last Price 369.850
1st Support Level 355.933
2nd Support Level 342.017
Federal-Mogul Goetze Ltd:Strong Buy
2nd Resistance Point 248.950
1st Resistance Point 242.900
Last Price 236.850
1st Support Level 225.900
2nd Support Level 214.950
Reliance Capital Ltd:Strong Buy
2nd Resistance Point 377.417
1st Resistance Point 365.333
Last Price 353.250
1st Support Level 338.133
2nd Support Level 323.017
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