Intraday Nifty Tips For Friday 13th May 2011


The Nifty Future shut shop at 5481.35 with the losses of 83.30 pts or 1.50 percent. Nifty future increased 21,01,900 shares in open interest, discount extended to 4.80 from 0.40, whereas cost of carry is -2.28 vs. -0.17, up 1241.18 percent. On the options front the OI PCR has ended at 0.94 vs. 0.98 whereas the Volume PCR was unchanged. On the Volatility Front the Indian Volatility Index has ended at 21.23% vs. 21.24% losing 0.05 %.  Daily Nifty Technical View

Nifty Intraday Tips For Friday 13 May 2011
   ACTION     PRICE  STOP LOSS  TARGET-1  TARGET- 2 
BUY ABOVE   5490           5440            5550            5600   

Nifty Intraday Levels For Friday 13 May 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
     5450              5360             5550                     5600