Intraday Share Tips

                                                               

The benchmark nifty stated to positive opening last day. Yesterday Intraday Nifty was showing strength on positive side. Nifty made a high of 6178.55 levels. And at the end Nifty close positively with the level of 6157.60 with the gaining of (+0.38%) +23.10. in that Nifty index if we see stock specific SESA GOA was the gainer followed by TATA STEEL. While the looser were BAJAJ-AUTO and WIPRO. Overall breadth end advance decline ratio is quite good 32/18. The next important level to watch out for tomorrow intraday stock trading the Nifty support level would be 6144-6130, while the resistance level would be 6175-6192.

                                                              BSE INDEX

The benchmark BSE SENSEX-30 index started positive opening on last day. And it made a high of 20664.80. Yesterday Bse index was showing good strength on positive side. At the end Bse index close positively at the level of 20595.98 with the gaining of (+0.42%) +86.89pts. From the sectoral front METAL was the gainer followed by the CD, while the looser was the only IT. Overall breadth of the SENSEX-30 index advance decline ratio is quite good 19/10 and another one is unchanged. The next important level to watch out intraday trading  tips for tomorrow in BSE support would be 20506-20452, while the resistance would be 20640-20719.

Over all range in 2011 19000 to 21500, crossover this range and stay on weekly and monthly basis will test 25000 to 29000. As per Elite Wave theory - the rally was started from 8047....(B waves) , C Waves is going on and in this decades (2020) may test 39337-58700-90100 -102000 likely.

                                                           CNX BANK NIFTY

The Bank Nifty started flat to positive opening on last day. Bank Nifty made a high of 11912. Yesterday Bank Nifty was showing good strength from the morning. At the end BANK NIFTY was closed positive at 11855.75 level with the gaining of (+0.55%) +64.30. In the banking sect oral front HDFCBANK was the gainer followed by AXISBANK. While the looser were only UNIONBANK and ORIENTBANK. And at the end breadth of the Bank Nifty's overall advance decline ratio is quite good 7/5. For the intraday share trading support would be at 11818-11780, while the resistance would be 11903-11950.                                                                  SBI