Nifty Trading Tips Tomorrow 29 March

NIFTY TIPS TOMORROW 29 MARCH, NIFTY FUTURES TIPS TOMORROW 29 MARCH, SHARE TRADING TIPS TOMORROW 29 MARCH, NIFTY TO BUY TOMORROW 29 MARCH

NIFTY Intraday Trade levels For Tomorrow 29 March:

High2: 5253
High1: 5213
Midpoint: 5185
Low1: 5161
Low2: 5119

Indian markets turned volatile in today’s trade after a huge upside in the previous session. Profit booking was seen in majority of the sectors like consumer durables, banking, PSU, realty, Oil & Gas and other sectors except FMCG and Pharma which were the only gaining sectors. Heavyweights like ICICI Bank, Infy, ONGC, SBI, HDFC Bank, HDFC and RIL also led the markets to remain under pressure. Lack of supportive cues from global peers led to a lacklustre trade. European markets too
turned negative after initial gains. Overall, it was rangebound session ahead of F&O expiry tomorrow (March 29, 2012).

Today's fall was majorly led by banks due to the tight liquidity situation. State Bank of India (SBI) dropped 2.28% after the bank raised deposit rates by 25-100 basis points for deposits maturing within one year amid tight liquidity condition. Corporates had withdrawn money for paying advance tax by March.

Nifty Trading Tips Tomorrow 21 March

NIFTY UPDATES TOMORROW 21 MARCH, NIFTY TO BUY TOMORROW 21 MARCH, SHARE MARKET TIPS TOMORROW

Nifty Intraday Trade levels For tomorrow 21 March:

High2: 5347
High1: 5305
Midpoint: 5280
Low1: 5256
Low2: 5214

COMMODITY TIPS TODAY :

RISKY SELL PEPPER APRIL at 43080 Stoploss 43330 Target 42600
BUY LEAD M at 104.20 Stoploss 103.20 Target 105-105.60

Banks gain as recent steep losses seen excessive
Titan up on tax authority clarification on gold duties
Nifty's seen supported at 200-day moving average.

BREAKING NEWS for TODAY 9 march

RESEVE BANK OF INDIA IN SURPRISE MOVE CUTS CASH RESERVE RATIO BY 75 BPS TO 4.75 PCT EFFECTIVE MARCH 10

Commodity Tips Today 5 march

COMMODITY TIPS TODAY 5 MARCH, MCX COMMODITY TRADING TIPS TODAY 5 MARCH:

SELL GOLD AT CMP 27915-20 TGT 27860/27820 STOP LOSS 28005
SHORT CRUDE OIL AT 5300-5305 TARGET 5281/5262/5243 STOP LOSS 5332
Crude Palm Oil : MCX Mar Buy above 548.0 . SL 545.0 . TGT 551.
SELL LEAD MARCH BELOW 106.55 TG 106.15,105.65,105 SL 107.10
BUY NGAS ABOVE 122.25 TGT 1 123.50 TGT 2 124.75 SL 120.50

Market Close: Sensex:17363(-274pts)
Nifty:5280(-79pts)
Top Gainers:Relinfra,Rpower,Tata Mot,ITC.
Top Losers:JP Asso,Hindalco,DLF,GAIL.

FOREX NEWS:
Moving in line with the equity market, the rupee dropped 31 paise to 49.81 against the American currency during mid-session on persistent dollar demand from importers.