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Monday, 4 June 2012

Market Trend & Intraday Stock Tips for Today


The initial run of the market is indicating a positive session for Nifty. The market started the day in green zone and this trend is either likely to prevail or the market would be in a range today.

Technically Nifty futures is having nearest resistance at 4900 level above which it may see some more upside till 4930-4950. Next Major resistance is seen near 5000 level.

On the downside, 4765 is acting as stiff resistance for Nifty Futures.

Stocks Tips for Today-

Buy Dena Bank Above 94.10, Target- 94.80-95.40 Stop-loss- 93.20

Buy State bank Of India above 2080 Target- 2109-2133 Stop-loss- 2038

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