Stock Tips for Tomorrow Stock Market (30th March '11)
Hot Stocks for Tomorrow
Tata Motors – Buy Above 1245, Look for the Targets of 1260, 1275.
Tata Coffee – Buy above 927, Look for the Targets of 936, 946.
Puravankara Projects Ltd. – Buy above 116, Look for Targets of 118, 121.
DLF – Buy Above 256, Look for the Targets of 259, 262.
Educomp Solutions Ltd.- Buy above 234, Look for the Targets of 239, 242.
Nifty Forecast for Tomorrow (30th March ’11)
The markets opened on a strong note today, as the Nifty scaled the 5750 mark for the first time in two months. An uptrend was observed through the day so far, with the nifty touching a peak of 5787.90 a little after noon, encouraged by positive global cues. The S&P CNX Nifty closed at 5736.35, up 49.10 points or +0.86 %.
The Nifty futures closed and settled finally at 5754.20, up by 54.55 points or 0.96 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5796 else below 5695 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5796 & above this level the next resistance is seen near the 5885 mark.
SUPPORT: It has first support close to the level of 5660 & below this level the next support is seen near 5570 mark.
Bank Nifty Tips for Tomorrow (30th March ’11)
In banking, CNX Bank Index gained 59.10 points or +0.51 %. Amongst the banking stocks Jammu & Kashmir Bank, Allahabad Bank and Yes Bank lead the row.
Bank Nifty Futures shut stop at 11602 up 42.70 points or +0.37%.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11700 else below 11520 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11700 above this level the next resistance is seen near to the level of 12050.
SUPPORT: It has first support close to the level of 11520 & below this level the next support is seen near 11330 marks.
Hot and Bullish Stocks for Tomorrow (29th March ’11)
Intraday Stocks to Buy Tomorrow
IVRCL Infrastructure & Projects Ltd. – Buy above 81. Look for the Targets of 83, 85.
Larsen & Toubro Ltd. – Buy above 1650. Look for the targets of 1662, 1678.
GVK Power & Infrastructure Ltd. – Buy above 26.50. Look for the targets of 27.50, 28.50.
Central Bank of India – Buy above 138.50. Look for the targets of 140, 142.
Nifty Forecast for Tomorrow(29th March ’11)
Asian stocks fell, the domestic markets opened on a soft note, with IT stocks weighing down on the bourses, after two consecutive sessions of gains the previous week. Shrugging off weak Asian cues, the domestic markets logged gains for the sixth consecutive day. The S&P CNX Nifty closed at 5687.25, up 33 points or +0.58 %.
The Nifty futures closed and settled finally at 5699.65, up by 18.95 points or 0.33 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5730 else below 5660 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5730 & above this level the next resistance is seen near the 5796 mark.
SUPPORT: It has first support close to the level of 5660 & below this level the next support is seen near 5570 mark.
Bank Nifty Futures Forecast for Tomorrow (29th March ’11)
In banking, CNX Bank Index gained 136.10 points or 1.20 %. Amongst the banking stocks IDBI, Dhanlaxmi Bank and Dena bank lead the row.
Bank Nifty Futures shut stop at 11430 up 306.25 points or 2.75 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11642 else below 11336 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11642 above this level the next resistance is seen near to the level of 11960.
SUPPORT: It has first support close to the level of 11336 & below this level the next support is seen near 11150 marks.
Commodity Tips for the Week (28th March - 1st April - 2011)
Gold:
The overall trend of gold is bullish, so i would suggest traders to buy on lower levels, if in the coming week gold sustains above 20700 then above 21100 it can test the level of 21350 and 21550.
Silver:
silver is technically strong on charts so i would suggest traders to take buy position if in the coming week if silver sustains above 55000 then above 56100 it can test the level of 56500 and 57000.
Intraday and Short Term Calls for 28th March - 2011
Intraday Stocks for Tomorrow
SREI Infra - Buy SREI Infra above 42.70 for Targets of 43.60, 45.
Tata Motors – Buy Tata Motors above 1187 for targets of 1197, 1210.
Syndicate Bank – Buy Syndicate Bank above 116.20 for Targets of 117.50, 119.
Short Term Call For Unitech – Buy and hold Unitech for a short term target of 51 and you may also book profit in between if wish too.
Techincal View on Nifty (28th March ’11)
In banking, CNX Bank Index gained 306.25 points or 2.75 %. Amongst the banking stocks ICICI, HDFC, and Axis Bank lead the row.
Bank Nifty Futures shut stop at 11430 up 306.25 points or 2.75 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11600 else below 11000 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 11600 above this level the next resistance is seen near to the level of 11960.
SUPPORT: It has first support close to the level of 11150 & below this level the next support is seen near 1100 marks.
Techincal View on Bank Nifty (28th March ’11)
Markets gained smartly in late-noon trades on the back of buying in IT stocks. A positive closing for Asian markets and reports that the government has tabled some key reform bills in parliament this week helped the index to end in the positive for the fourth straight day. The S&P CNX Nifty closed at 5654.25, up 131.25 points or +2.39 %.
The Nifty futures closed and settled finally at 5674, up by 128.20 points or 2.31 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5715 else below 5570 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5715 & above this level the next resistance is seen near the 5800 mark.
SUPPORT: It has first support close to the level of 5570 & below this level the next support is seen near 5510 mark.
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