Nifty Newsletter/ Nifty future Tips/Nifty Stock/Stock Market Nifty/ Nifty Trading/Share Market for 6th Feb 2013

Market levels for nifty:

Today nifty index will have quite stiff resistance at 5805. If it manages to cross 5805, it may reach 5822 and 5837. If it Happens then bulls may take nifty to 5851 and 5866 levels.

It can take on other side, below 5767 level, nifty may be dragged down to 5753 by bears. One can see some more action below 5736. If nifty manages to cut 5736, it may touch 5720. Support for bulls acting at 5702 level.

Sectors looking bearish

1. FMCG

2. Bankex

3. Pharma

Sectors looking bullish

1. HC

2. Metal

3. IT

Today Intraday Tips:

SELL Ruchi Strips -and- Alloys Ltd. Med Term Target 5 Stop Loss 7
BUY JSW Steel Ltd. Short Term Target 765 Stop Loss 718  
BUY Essar Oil Ltd. Short Term Target 105 Stop Loss 80  
BUY CORE Education -and- Technologies Ltd. Med Term Target 100 Stop Loss 54 
BUY GMR Infrastructure Ltd. Short Term Target 20.30 Stop Loss 19.25

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