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Rajesh V: Book your profit on, Aban Offshore & ICICI Bank, intraday trade

By Rajesh V
|

Rajesh V shares today's stock-tips
ICICI Bank: Quotes, News
BSE 566.60BSE Quote8.9 (-1.57%)
NSE 566.95NSE Quote8.25 (-1.46%)
Aban Offshore: Quotes, News
BSE 29.65BSE Quote0.25 (-0.84%)
NSE 29.90NSE Quote0 (0.00%)
Nifty Future (Refer Chart - Nifty)
 

Nifty Future have its support at 4870 levels. Trading above the level of 4950 Nifty has a chance for a rally till 5000. If it closes above yesterday"s high then Nifty may test the levels of 5070 in coming days.

Bank Nifty Future (Refer Chart - Bank Nifty)

Bank Nifty should stay above 9500 levels to add to the bull"s strength in the stock market. Anywhere below 9400 it will have its support at 9335 levels for the day.

Intra-day picks

Aban Offshore

Buy above Rs 387.10

Stop loss Rs 383

Target Rs 392 / 397

ICICI Bank

Buy Above Rs 856.50

Stop loss Rs 848

Target Rs 863 -868

Rajesh V. Ravanappan is a practitioner of technical analysis. He has eight years of experience in the share broking industry. He is a contributing writer for www.goodreturns.in. You can contact him at rajeshvravanappan (at) gmail (dot) com

If you would also like to contribute or send us a feedback, then e-mail to money (at) oneindia (dot) co (dot) in

GoodReturns.in DISCLAIMER: The views expressed in this article are the views of the author and do not reflect the views of our company. GoodReturns.in does not take any responsibility for any losses incurred by investors who take their cues from the above article.

Story first published: Wednesday, August 24, 2011, 9:45 [IST]
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