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Archive for August 17th, 2011

Nifty tisp for today 17 august 2011

August 17th, 2011


STOCK TIPS FOR TODAY

Nifty was again on bear trend and closed at 5035 .Today the first resistance for nifty is at 5050-53 level.Next resistance is at 5066-70 level.Next resistance is at 5096-01 level.Next resistance is at 5151-55 level.Next resistance is at 5174-78 level.Next resistance is at 5191-96 level.Next resistance is at 5215-20level.Next resistance is at 5248-53 level.Next resistance is at 5322-26 level.Next resistance is at 5343-48 level.Next resistance is at 5382-86 level.Next resistance is at 5409-13 level.Next resistance is at 5428-33 level.Next resistance is at 5486-91 level. On downside first support is at 5002-97 level.Next support is at 4970-65 level.Next support is at 4946-42 level.Next support is at 4919-15 level.Next support is at 4898-95 level.Next support is at 4847-41 level. Next support is at 4788-82 level.The nifty is clearly in bear grip and bulls have no hope till nifty closes above 5200 ans be very cautious a move below 4995 may pull down nifty to new lows.SO today the main hurdle on upside are at 5070 and 5102 level and supports are at 4997and 4965 level.

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