On the back of the expectations that RBI may take steps to improve the rupee condition and economy health, Indian benchmark indices tool a leap today to run in the green zone. Currently, the index of national stock exchange- Nifty is trading up nearly 0.60% to trade at 5176 level.
Technically 5200 could be the resistance level for Nifty while 5140 is acting as immediate support level. A breach in either side would decide the ultimate trend of the market.
Mid cap and small cap sectors have surged the most today.
Intraday Tips for Today (25 June 2012)-
sell HCL tech below 467.60 TG- 464.00-462.50 SL- 470.30
else Buy above 472.50, TG- 475-476.00
Buy Reliance Infra above 545 TG- 550.00-553.50 SL- 539.50
Buy TVS motors above 34.50 TG- 35.00 SL- 33.20
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