Nifty Newsletter/ Nifty future Tips/ Stock Market Nifty/ Nifty Trading for 1st Feb 2013

Market levels for nifty:

Today Nifty index will have stiff resistance at 6058. If it manages to cross 6058, it may reach 6073 and 6087 . If it Happens then bulls may take nifty to 6101.
It can take on other side, below 6012 level, nifty may be dragged down to 5995 by bears. One can see some more action below 5981. If nifty manages to cut 5981, it may touch 5967. Support for bulls acting at 5952 level.

Sectors looking bearish

1. Power

2. Oil & Gas

3. IT

Sectors looking bullish

1. FMCG

2. Health Care

3. Reality

Intraday Stock Tips For Today :

BUY Reliance Capital Ltd. Long Term Target 500 Stop Loss 450

BUY Sobha Developers Ltd. Short Term Target 450 Stop Loss 418

SELL Timbor Home Ltd. Med Term Target 43 Stop Loss 53.6  

BUY Sesa Goa Ltd. Short Term Target 196 Stop Loss 181.90  

BUY Kingfisher Airlines Ltd. Med Term Target 20 Stop Loss 10

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