Tuesday 31 January 2012

PUNTERS TIPS1 FEB 2012 INDIAN STOCK MARKET BULLISH AND BEARISH STOCKS

illusion beer



NIFTY 
  • Nifty took a U-turn Index zoomed to close at 5199.
  • Today the first resistance for nifty is at 5232-36 level. Next resistance ranges are at 5250-55,5270-75,5325-30,5348-52,5390-95 levels. 
  • On downside first support is at 5183-80 level. Next supports are at 5160-55,5130-25,5108-05,5068-63,5049-45,5007-02,4990-85, 4963-60,4950-47,4907-02, 4872-68,4863-59,4842-38,4812-07 level.
  • Nifty back in track once again now the real litmus test is 5250-75 range,Cheers for bulls if nifty strongly trades above this level and on downside main intra support level is at 5160 and better avoid long if nifty is below that level.
The State Trading Corpn:Strong Buy
2nd Resistance Point 282.400
1st Resistance Point 275.200
Last Price   268.000
1st Support Level 253.900
2nd Support Level 239.800

Entertainment Network [India]:Buy

2nd Resistance Point 244.317
1st Resistance Point 237.633
Last Price   230.950
1st Support Level 220.633
2nd Support Level 210.317
Havells India Ltd:Strong Buy
2nd Resistance Point 507.383
1st Resistance Point 494.167
Last Price   480.950
1st Support Level 458.367
2nd Support Level 435.783

Union Bank Of India :Buy

2nd Resistance Point 238.733
1st Resistance Point 233.467
Last Price   228.200
1st Support Level 219.467
2nd Support Level 210.733

Sun Tv Network Limited: Strong Buy

2nd Resistance Point317.817
1st Resistance Point 311.433
Last Price   305.050
1st Support Level 294.633
2nd Support Level 284.217
Ind-Swift Laboratories Ltd: Strong Buy
2nd Resistance Point 129.450
1st Resistance Point 124.350
Last Price   119.250
1st Support Level 111.250
2nd Support Level 103.250

Mrf Ltd :Strong Buy

2nd Resistance Point 8116.933
1st Resistance Point 8010.867
Last Price   7904.800
1st Support Level 7727.867
2nd Support Level 7550.933


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