Intraday Tips November Indian Stock Market
RELIANCE
Weekly Trend Decider 2117 . Consider resistance are 2150 and crossover looks positive and higher level target are 2250-2300. Today support are 2169 mark.
ONGC
Lower level support are 1100-1110 and decline to buying opportunity. Weekly Trend Decider 1178 For smooth run it must cross and close above 1210, thereafter no hurdle and big spurt can not be ruled out. Today support are 1175.
TATA POWER
Weekly Trend Decider 1327. Trading range are 1300-1350, break and crossover in either side ... above 1350 close eye....
BHARTI
Weekly Trend Decider 295. Wide trading range of this counter 280 to 320,, breakout range, one side move in either side. Below 280 far and far support are 228.... SUPER HOT SELL.. do not try to bottom finishing.
BALRAMPUR CHINI
Weekly Trend Decider 137.. Down side support are 118-120 and it should not break... otherwise free fall.
RANBAXY
Weekly Trend Decider 422.Down side support are 400.. below weakness, higher level resistance are 431.... Thereafter it will show more power.
MARUTI
Weekly Trend Decider 1514... any decline to buying opportunity. It will show real strength above 1576.. down side support are 1525..... Long stop loss 1390.....
• India Cements Nov. Future (Rs. 104)
Buy only in the region 103-104 with a stop loss
below 101 for an intra-day target of 109.
• GSPL Nov. Future (Rs. 94)
Buy only in the region 93-94 with a stop loss
below 91.5 for an intra-day target of 98.
Nifty Future + Bank Nifty + CNX IT:
Nifty Future : On week to week basis, strong reversal were seen on Friday trading and almost closed with a green. Overall we may consider support are 4900-4890, below it will test 4840 and major support are 4750. Ultimate target are 5150-5180-5200.
Yesterday High was 5120 and low was 5068. Today likely test support 5090-5080, if break and trade below, lower level target are 5077, 5066, where the buying opportunity, higher level above 5120 and sustained target 5144-5177 can not be ruled out.
{Today Trend Decider - 5090}
Bank Nifty : Trend is still is bullish. Any decline to buying opportunity with consider support 8800-8700. Weekly trend decider 5150 In the Bank Nifty, the December series are traded at premium to Novembmer indicating good carry over and bullish sign .
CNX IT : Today support are 5350, higher level resistance are 5500, above more up side. Weekly Trend Decider 5455.OUR TARGET ARE 5700 + . We think that it could gain if the rupee goes lower again.
Note: More intra-day opportunities will be provided
live during the market hours
