Share Tips For Today: Nifty Trend for 18th Feb

Share Market Report For 18th Feb
In the last trading session Indian Market closed on a flat trend. The BSE Sensex were closed below 19500, indicating a low grinding trend. The Nifty on the other hand is drifting away from the 6000 mark. And today also international updates suggest a low trend in Indian market due to Indicators from global front are not strong enough to give a push to the market today.

Nifty Trend For Today
Current Nifty Trend suggest a down note for today. Nifty closed on a bear note at 5887. So today the first resistance for nifty is looking above 5940. and above the ranges of 5980 Nifty might get a full bull trend for rest of the day. On downside first support is at 5840 level. Next supports are at 5800 level. Nifty is in bear zone. So today if below 5858 be very alert and below 5839 trend will more bearish.On upside intra resistance are at 5916,5938 and 5977 level.

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Share Tips For Today:

  • Oriental bank of commerce buy above 294.5 for target of 302 and a stop loss at 290
  • Union bank Buy arround 231.5 with a stop loss of 228 and a target of 236.
  • Ashok Leyland Buy above 22.65 for the target of 23.65 and a stop loss at 22
  • PFC Buy above 217.5 level with a stop loss at 215 for the target of 222.
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