BSE – Indices – Pivot Point – 31/01/2012

BSE 30-Jan-12 31-Jan-12
Category/Index Open High Low Close S3 S2 S1 Pivot R1 R2 R3
Broad
SENSEX 16745.01 16788.48 16611.71 16739.01 16367.51 16544.28 16653.63 16721.05 16830.40 16897.82 16367.51
MIDCAP 5670.75 5728.75 5653.19 5680.07 5532.07 5607.63 5637.63 5683.19 5713.19 5758.75 5532.07
SMLCAP 6273.06 6335.87 6252.89 6277.27 6118.81 6201.79 6233.68 6284.77 6316.66 6367.75 6118.81
BSE-100 8683.77 8721.16 8628.07 8698.13 8496.60 8589.69 8644.41 8682.78 8737.50 8775.87 8496.60
BSE-200 2028.40 2036.79 2015.64 2031.36 1985.75 2006.90 2019.31 2028.05 2040.46 2049.20 1985.75
BSE-500 6336.58 6365.32 6297.46 6344.09 6200.14 6268.00 6306.41 6335.86 6374.27 6403.72 6200.14
Thematic
SHARIAH 50 1081.70 1086.85 1078.42 1085.04 1066.14 1074.57 1079.16 1083.00 1087.59 1091.43 1066.14
Investment Strategy
BSE IPO 1454.51 1462.20 1442.97 1449.50 1413.84 1433.07 1442.39 1452.30 1461.62 1471.53 1413.84
DOLLEX-30 2729.87 2738.48 2707.44 2724.56 2663.01 2694.05 2711.70 2725.09 2742.74 2756.13 2663.01
DOLLEX-100 1783.82 1792.43 1771.85 1783.94 1741.85 1762.43 1773.59 1783.01 1794.17 1803.59 1741.85
DOLLEX-200 670.58 674.13 666.13 670.50 654.34 662.34 666.54 670.34 674.54 678.34 654.34
Sectoral
BANKEX 10641.55 10960.45 10625.70 10912.15 10115.46 10450.21 10609.48 10784.96 10944.23 11119.71 10115.46
CD 5670.28 5832.32 5670.28 5801.31 5419.47 5581.51 5654.78 5743.55 5816.82 5905.59 5419.47
POWER 2061.72 2083.17 2057.37 2077.69 2018.39 2044.19 2056.81 2069.99 2082.61 2095.79 2018.39
OIL&GAS 8284.74 8365.13 8164.75 8325.02 7884.15 8084.53 8204.69 8284.91 8405.07 8485.29 7884.15
AUTO 8780.00 8869.99 8736.85 8818.88 8535.15 8668.29 8732.87 8801.43 8866.01 8934.57 8535.15
REALTY 1705.64 1726.06 1692.25 1707.79 1640.32 1674.13 1689.81 1707.94 1723.62 1741.75 1640.32
CG 9787.49 9880.64 9691.96 9806.95 9414.40 9603.08 9702.88 9791.76 9891.56 9980.44 9414.40
PSU 7194.16 7246.27 7164.10 7226.93 7043.53 7125.70 7169.46 7207.87 7251.63 7290.04 7043.53
IT 5528.22 5554.98 5486.37 5499.91 5380.15 5448.76 5479.76 5517.37 5548.37 5585.98 5380.15
TECk 3311.96 3317.44 3287.19 3293.05 3241.91 3272.16 3287.38 3302.41 3317.63 3332.66 3241.91
METAL 11257.26 11311.41 11102.05 11197.64 10798.37 11007.73 11122.77 11217.09 11332.13 11426.45 10798.37
HC 6201.76 6221.27 6123.84 6168.70 5984.03 6081.46 6136.52 6178.89 6233.95 6276.32 5984.03
FMCG 4130.51 4146.08 4020.69 4035.07 3832.31 3957.70 4020.10 4083.09 4145.49 4208.48 3832.31

NSE – Indices – Pivot Point – 31/01/2012

NSE 30-Jan-12 31-Jan-12
Index Open High Low Close S3 S2 S1 Pivot R1 R2 R3
Major Indices :
S&P CNX NIFTY 5163.55 5166.15 5076.70 5087.30 4944.53 5033.98 5080.70 5123.43 5170.15 5212.88 5302.33
CNX NIFTY JUNIOR 9810.05 9810.05 9571.35 9591.75 9218.40 9457.10 9581.55 9695.80 9820.25 9934.50 10173.20
INDIA VIX 21.70 23.48 21.70 23.46 19.03 20.81 21.69 22.59 23.47 24.37 26.15
CNX 100 5040.15 5040.15 4949.95 4959.75 4817.10 4907.30 4954.85 4997.50 5045.05 5087.70 5177.90
S&P CNX DEFTY 3625.10 3625.10 3543.85 3553.30 3424.34 3505.59 3548.58 3586.84 3629.83 3668.09 3749.34
S&P CNX 500 4062.95 4062.95 3987.95 3995.80 3877.41 3952.41 3991.88 4027.41 4066.88 4102.41 4177.41
CNX MIDCAP 7089.65 7089.65 6924.50 6939.75 6680.59 6845.74 6932.13 7010.89 7097.28 7176.04 7341.19
NIFTY MIDCAP 50 2109.60 2111.85 2049.40 2056.45 1956.93 2019.38 2051.80 2081.83 2114.25 2144.28 2206.73
CNX SMALLCAP 3164.10 3165.80 3095.00 3101.80 2990.08 3060.88 3097.55 3131.68 3168.35 3202.48 3273.28
CNX 200 2595.00 2595.00 2547.30 2552.60 2477.08 2524.78 2549.95 2572.48 2597.65 2620.18 2667.88
Other Indices :
BANK NIFTY 9741.25 9741.25 9509.15 9537.10 9167.99 9400.09 9523.13 9632.19 9755.23 9864.29 10096.39
CNX AUTO 3800.85 3803.60 3741.60 3749.75 3649.95 3711.95 3744.30 3773.95 3806.30 3835.95 3897.95
CNX DIVIDEND OPPT 1440.55 1450.25 1424.80 1427.45 1384.86 1410.31 1421.28 1435.76 1446.73 1461.21 1486.66
CNX ENERGY 7871.10 7919.85 7736.45 7750.15 7452.59 7635.99 7718.93 7819.39 7902.33 8002.79 8186.19
CNX FMCG 10253.00 10318.15 10163.50 10188.75 9921.55 10076.20 10143.55 10230.85 10298.20 10385.50 10540.15
CNX INFRA 2572.50 2572.50 2471.90 2482.70 2323.70 2424.30 2477.30 2524.90 2577.90 2625.50 2726.10
CNX IT 6090.45 6134.80 6080.10 6103.80 5992.89 6047.59 6069.78 6102.29 6124.48 6156.99 6211.69
CNX MEDIA 1217.00 1217.00 1192.60 1196.05 1156.86 1181.26 1194.33 1205.66 1218.73 1230.06 1254.46
CNX METAL 3082.35 3082.35 2993.30 3008.30 2863.48 2952.53 3000.80 3041.58 3089.85 3130.63 3219.68
CNX MNC 4980.65 4987.15 4878.95 4899.30 4720.11 4828.31 4885.88 4936.51 4994.08 5044.71 5152.91
CNX PHARMA 4804.45 4846.30 4798.05 4823.55 4721.59 4769.84 4789.88 4818.09 4838.13 4866.34 4914.59
CNX PSE 2905.80 2916.45 2845.05 2854.55 2737.66 2809.06 2844.48 2880.46 2915.88 2951.86 3023.26
CNX PSU BANK 3256.95 3295.90 3183.00 3196.85 3007.38 3120.28 3170.45 3233.18 3283.35 3346.08 3458.98
CNX REALTY 229.80 230.90 221.85 223.05 208.30 217.35 221.90 226.40 230.95 235.45 244.50

BSE – SENSEX 30 – Pivot Point – 31/01/2012

SENSEX 30 30-Jan-12 31-Jan-12
Symbol Open High Low Close S3 S2 S1 Pivot R1 R2 R3
BAJAJAUT 1,537.00 1,561.00 1,526.30 1,545.65 1473.09 1507.79 1523.98 1542.49 1558.68 1577.19 1611.89
BHARTIARTL 373.9 374.05 355.9 357.85 329.13 347.28 356.80 365.43 374.95 383.58 401.73
BHEL 259.8 259.8 243.05 245.15 218.45 235.20 244.10 251.95 260.85 268.70 285.45
CIPLA 344 347.75 339.2 342.7 326.31 334.86 339.08 343.41 347.63 351.96 360.51
COALINDIA 339 341.05 333.1 335.7 321.31 329.26 333.38 337.21 341.33 345.16 353.11
DLF 209.85 213 204.1 205.05 190.20 199.10 203.00 208.00 211.90 216.90 225.80
HDFC 698.95 698.95 685.7 688.65 666.56 679.81 687.18 693.06 700.43 706.31 719.56
HDFCBANK 481.3 482.85 473.5 479.05 460.48 469.83 475.50 479.18 484.85 488.53 497.88
HEROMOTOCO 1,830.00 1,842.00 1,807.15 1,824.20 1756.14 1790.99 1809.68 1825.84 1844.53 1860.69 1895.54
HINDALCO 143.65 143.65 137 137.5 127.15 133.80 137.25 140.45 143.90 147.10 153.75
HUL 390 390.4 380 382.25 364.86 375.26 380.93 385.66 391.33 396.06 406.46
ICICIBANK 877 881.15 848.1 851.95 798.45 831.50 847.95 864.55 881.00 897.60 930.65
INFY 2,700.00 2,719.00 2,690.05 2,705.90 2645.84 2674.79 2688.48 2703.74 2717.43 2732.69 2761.64
ITC 202.9 203.55 199.75 200.95 194.19 197.99 200.03 201.79 203.83 205.59 209.39
JAIPRA 70.5 70.5 66 66.3 59.33 63.83 66.15 68.33 70.65 72.83 77.33
JINDALSTEEL 525 539 519.9 531.4 490.63 509.73 518.65 528.83 537.75 547.93 567.03
LNT 1,372.80 1,373.00 1,298.00 1,307.35 1187.79 1262.79 1302.58 1337.79 1377.58 1412.79 1487.79
MARUTI 1,200.00 1,224.80 1,185.00 1,194.15 1121.39 1161.19 1177.18 1200.99 1216.98 1240.79 1280.59
MNM 694.2 699 661.25 665.2 604.41 642.16 660.83 679.91 698.58 717.66 755.41
NTPC 172 174.9 171 172 164.68 168.58 170.05 172.48 173.95 176.38 180.28
ONGC 275 282.6 274 276 259.70 268.30 271.20 276.90 279.80 285.50 294.10
RIL 815.7 818.8 793.2 795.45 754.59 780.19 792.78 805.79 818.38 831.39 856.99
SBI 2,007.00 2,058.60 1,978.00 1,990.70 1847.38 1927.98 1958.55 2008.58 2039.15 2089.18 2169.78
STERLITEIND 119 119.4 112.25 112.95 101.60 108.75 112.40 115.90 119.55 123.05 130.20
SUNPHARMA 525 542.7 525 534 496.28 513.98 520.65 531.68 538.35 549.38 567.08
TATAMOTORS 238 238.6 231.5 234.1 221.35 228.45 232.50 235.55 239.60 242.65 249.75
TATAPOWER 104.7 106 102.3 103.25 96.66 100.36 102.13 104.06 105.83 107.76 111.46
TATASTL 455.85 456.4 437.35 442.45 409.91 428.96 439.63 448.01 458.68 467.06 486.11
TCS 1,100.05 1,118.00 1,100.05 1,109.55 1071.01 1088.96 1095.83 1106.91 1113.78 1124.86 1142.81
WIPRO 416.95 422 408 409.65 386.15 400.15 406.30 414.15 420.30 428.15 442.15

NSE – NIFTY 50 – Pivot Point – 31/01/2012

NIFTY 50 30-Jan-12 31-Jan-12
Symbol Open High Low Close S3 S2 S1 Pivot R1 R2 R3
ACC 1,180.10 1,205.00 1,165.00 1,170.25 1100.09 1140.09 1155.18 1180.09 1195.18 1220.09 1260.09
AMBUJACEM 161.55 164 159 160.55 151.28 156.28 158.55 161.28 163.55 166.28 171.28
AXISBANK 1,069.80 1,069.80 1,017.30 1,023.45 940.09 992.59 1020.38 1045.09 1072.88 1097.59 1150.09
BAJAJ-AUTO 1,534.95 1,560.95 1,526.00 1,550.20 1473.13 1508.08 1525.10 1543.03 1560.05 1577.98 1612.93
BHARTIARTL 372 373.9 355.05 357.15 326.83 345.68 355.15 364.53 374.00 383.38 402.23
BHEL 259 259 241.5 244.15 215.91 233.41 242.83 250.91 260.33 268.41 285.91
BPCL 574 579.5 552.4 564.4 513.38 540.48 555.65 567.58 582.75 594.68 621.78
CAIRN 350.8 350.8 340.25 343.1 325.14 335.69 341.68 346.24 352.23 356.79 367.34
CIPLA 343.1 348 339.7 341.45 326.46 334.76 338.13 343.06 346.43 351.36 359.66
COALINDIA 338.6 341 332.9 335.65 320.84 328.94 333.08 337.04 341.18 345.14 353.24
DLF 210.6 213 204.2 205 190.60 199.40 203.40 208.20 212.20 217.00 225.80
DRREDDY 1,640.00 1,662.30 1,626.25 1,656.10 1574.06 1610.11 1630.03 1646.16 1666.08 1682.21 1718.26
GAIL 371.5 378.9 366.6 368.8 346.85 359.15 364.00 371.45 376.30 383.75 396.05
GRASIM 2,578.60 2,609.00 2,552.05 2,585.00 2467.26 2524.21 2553.33 2581.16 2610.28 2638.11 2695.06
HCLTECH 425 430.1 419.25 429.05 404.15 415.00 421.60 425.85 432.45 436.70 447.55
HDFC 692.05 699.8 685 688.1 661.64 676.44 682.68 691.24 697.48 706.04 720.84
HDFCBANK 482.95 483 473 479.05 459.50 469.50 476.00 479.50 486.00 489.50 499.50
HEROMOTOCO 1,808.00 1,839.00 1,800.10 1,824.35 1740.06 1778.96 1796.73 1817.86 1835.63 1856.76 1895.66
HINDALCO 144 144 137 137.55 126.64 133.64 137.28 140.64 144.28 147.64 154.64
HINDUNILVR 388 390.9 380 382.35 363.51 374.41 379.73 385.31 390.63 396.21 407.11
ICICIBANK 877 881.25 848 852.2 798.11 831.36 847.98 864.61 881.23 897.86 931.11
IDFC 128.5 130 124.7 125.9 116.68 121.98 124.55 127.28 129.85 132.58 137.88
INFY 2,698.90 2,725.20 2,690.00 2,712.30 2636.20 2671.40 2688.00 2706.60 2723.20 2741.80 2777.00
ITC 202 203.65 199.65 200.85 193.54 197.54 199.43 201.54 203.43 205.54 209.54
JINDALSTEL 523 539.8 519.1 532.8 487.28 507.98 517.55 528.68 538.25 549.38 570.08
JPASSOCIAT 70 70 65.8 66.2 59.60 63.80 66.00 68.00 70.20 72.20 76.40
KOTAKBANK 486.65 494.15 475.05 478.4 445.36 464.46 472.98 483.56 492.08 502.66 521.76
LT 1,369.00 1,373.55 1,296.55 1,305.30 1182.10 1259.10 1298.65 1336.10 1375.65 1413.10 1490.10
M&M 696 699.75 660.5 665.1 601.84 641.09 660.93 680.34 700.18 719.59 758.84
MARUTI 1,204.00 1,226.00 1,185.00 1,193.30 1120.08 1161.08 1178.15 1202.08 1219.15 1243.08 1284.08
NTPC 171.55 174.9 170.75 171.75 163.94 168.09 169.58 172.24 173.73 176.39 180.54
ONGC 275 282.8 274.05 275.8 259.41 268.16 271.03 276.91 279.78 285.66 294.41
PNB 965 977.5 952.25 955.25 912.00 937.25 947.50 962.50 972.75 987.75 1013.00
POWERGRID 102 103.5 101.25 101.75 97.63 99.88 100.75 102.13 103.00 104.38 106.63
RANBAXY 440.9 453.95 432.3 450.65 401.15 422.80 434.95 444.45 456.60 466.10 487.75
RCOM 95.5 98.45 91.3 93 80.26 87.41 90.68 94.56 97.83 101.71 108.86
RELIANCE 813.9 818.85 792.2 794.75 751.63 778.28 791.00 804.93 817.65 831.58 858.23
RELINFRA 526.5 541 506.85 514.8 453.99 488.14 503.58 522.29 537.73 556.44 590.59
RPOWER 98.55 104.7 95.4 96.75 80.25 89.55 93.00 98.85 102.30 108.15 117.45
SAIL 105.2 105.2 99.55 100.2 91.24 96.89 99.88 102.54 105.53 108.19 113.84
SBIN 2,015.00 2,058.75 1,970.15 1,985.25 1830.09 1918.69 1955.83 2007.29 2044.43 2095.89 2184.49
SESAGOA 216 219 199.3 203.75 170.11 189.81 200.03 209.51 219.73 229.21 248.91
SIEMENS 747 755.9 735.5 741.3 704.13 724.53 733.95 744.93 754.35 765.33 785.73
STER 119.1 119.15 112.05 112.65 101.54 108.64 112.33 115.74 119.43 122.84 129.94
SUNPHARMA 524.5 543.75 524.5 533.6 493.09 512.34 519.43 531.59 538.68 550.84 570.09
TATAMOTORS 238.2 238.7 231.4 233.9 220.95 228.25 232.40 235.55 239.70 242.85 250.15
TATAPOWER 104.9 105.95 102.15 103.05 96.41 100.21 102.08 104.01 105.88 107.81 111.61
TATASTEEL 456 456.4 437 442.3 409.13 428.53 439.45 447.93 458.85 467.33 486.73
TCS 1,102.50 1,118.95 1,100.75 1,111.75 1072.09 1090.29 1098.03 1108.49 1116.23 1126.69 1144.89
WIPRO 415.1 422 408 409.8 385.73 399.73 405.45 413.73 419.45 427.73 441.73

Dealers Log: 30-01-2012

“30/01/2012 12:31:46INTRADAY UPDATE: MMTC BUY Call intd @ 849-850 Cmp: 865 !!! Book Full Profit ”
“30/01/2012 12:34:31INTRADAY: BUY HMT @ 43.5-44 SL 42 TGTS: 45-45.35”
“30/01/2012 12:37:37INTRADAY: BUY DREDGECORP @ 286-287 SL 282 TGTS: 295-297

“30/01/2012 12:38:47Hybrid Strategy: protective call in ICICI Bank: Sell one ICICI Bank Feb fut @ 862-863 and buy one Feb 860 CE @ 42, TF- 10-12 days BEP: 820..Karvy Research Desk Hyd. (12.38)”
“30/01/2012 12:51:03INTRADAY: SELL BHEL @ 249-250 SL : 253 TGTS: 245-243 ”
“30/01/2012 13:07:39INTRADAY UPDATE: DREDGECORP BUY Call intd @ 286-287 Cmp: 291 !!!”
“30/01/2012 13:20:19DELIVERY: BTST ABAN @ 450-451 SL 443 TGTS: 462-463

“30/01/2012 13:24:10DELIVERY UPDATE: ABAN Call intd @ 450-451 Cmp: 454 !!! TGTS: 462-463”
“30/01/2012 13:26:40INTRADAY UPDATE: TATACOFFEE BUY Call intd @ 908-909 Trigger stop loss”
“30/01/2012 13:28:56Intraday Fut: Book profits in Hindalco feb fut short @ 139.5-140..Karvy Research Desk (1.28)”
“30/01/2012 13:30:22INTRADAY UPDATE: PFC SELL Call intd @ 165-166 Cmp: 163.50 !!! Book full profit”
“30/01/2012 13:32:17Nifty-Trading view: Book profits in Nifty short view @ 5132-5135..Karvy Research Desk (1.32)”
“30/01/2012 13:38:47INTRADAY: BUY RELIANCE @ 807-808 SL : 800 TGTS: 816-818 ”
“30/01/2012 13:40:42DELIVERY UPDATE: ABAN BTST Call intd @ 450-451 Cmp: 456 !!! TGTS: 462-463”
“30/01/2012 13:53:54Intraday Stock Futures: Trigger stop loss in CAIRN Feb Fut short…Karvy Research Desk Hyd (13:53)”
“30/01/2012 14:01:15INTRADAY: SELL LT @ 1333-1333 SL : 1345 TGTS: 1320 ”
“30/01/2012 14:01:35INTRADAY: SELL LT @ 1333-1334 SL : 1345 TGTS: 1320 ”
“30/01/2012 14:07:26DELIVERY: BUY BAJAJELEC @ 174-175 SL: 166 TGTS: 185-187 TF: 5-7 DAYS ”
“30/01/2012 14:18:30DELIVERY: BUY POWERGRID @ 102-102.50 SL: 99 TGTS: 107-108 TF: 4-5 DAYS ”
“30/01/2012 14:26:25DELIVERY UPDATE: SREINFRA Call intd @ 34 on 27/01 Trigger stop loss”
“30/01/2012 14:30:20INTRADAY UPDATE: LT SELL Call intd @ 1333-1334 Cmp: 1326 !!! Book profit

“30/01/2012 14:31:00INTRADAY UPDATE: DLF SELL Call intd @ 210-211 Cmp: 206 !!! Book full profit ”
“30/01/2012 14:32:00BANK-Nifty Trading View: Book Profits in Bank-Nifty Feb Fut short @ 9580-9585.Tgt Achieved..Karvy Research Desk, Hyd. (2:31)”
“30/01/2012 14:33:55Intraday Stock Futures: Book Profits in DLF short Feb fut @ 207-207.50….Karvy Research Desk, Hyd. (2:32)”
“30/01/2012 14:34:05INTRADAY UPDATE: RELIANCE BUY Call intd @ 807-808 Trigger stop loss”
“30/01/2012 14:39:57INTRADAY UPDATE: LT SELL Call intd @ 1333-1334 Cmp: 1322 !!! Book full profit

“30/01/2012 14:40:47Intraday Fut: Trigger Stop loss in Infy Feb fut shrot recommmm @2725….Karvy Research (2:40 AM).”
“30/01/2012 14:54:35DELIVERY UPDATE: JINDALSWHL Call intd @ 556 on 30/01 Cmp: 628 !!”
“30/01/2012 15:00:16CLOSE ALL INTRADAY SHORT RECOMMENDATIONS IN CASH SEGMENT KSBLHO”
“30/01/2012 15:00:16CLOSE ALL INTRADAY SHORT RECOMMENDATIONS IN CASH SEGMENT KSBLHO”
“30/01/2012 15:03:46INTRADAY UPDATE: BHEL SELL Call intd @ 249-250 Cmp: 247.50 !!! Book profit ”
“30/01/2012 15:06:31INTRADAY UPDATE: STCINDIA BUY Call intd @ 227-228 Cmp: 245 !!! Upper Circuit ”
“30/01/2012 15:07:21INTRADAY UPDATE: MMTC BUY Call intd @ 849-850 Cmp: 874.70 !!! Upper Circuit ”
“30/01/2012 15:08:36INTRADAY UPDATE: DREDGECORP BUY Call intd @ 286-287 Cmp: 294 !!!”

Market Buzz: 30-01-2012

Market Buzz

  • NMDC looks to acquire 2 properties in Australia.
  • NTPC clinches $1.5 billion power project in Bangladesh.
  • A Ministry of Environment and Forests (MoEF) panel has recommended clearance for the 18-MTPA Talaipalli coal-mine project of NTPC in the Raigarh district of Chhattisgarh.
  • Shareholder agreement between BEML, Damodar Valley Corporation (DVC) and Coal India to reinstate mining firm MAMC Ltd would be signed soon.
  • Bank of India will raise foreign currency loan under the medium term note programme as soon as the global economic situation improves.
  • Bharat Earth Movers is eyeing South-East Asia, Africa and South America markets for supplying earth moving equipment for the mining sector.
  • Canara Bank has recorded an increase of 18 % in global business at Rs 534,710 crore for the third quarter ended December 31, 2011.
  • IOB reported a massive 53 % decline in net profit at Rs.108.27 crore for the quarter ended Dec 31, 2011.
  • Pfizer Ltd reported a net profit at Rs 48.28 crore for the third quarter ended December 31, 2011.
  • Divis Laboratories said its net profit rose by 20.65 per cent to Rs 122.55 crore for the third quarter ended December 31, 2011.
  • European Union leaders gather today for their first summit of 2012 as a deteriorating economy and struggle to complete a Greek debt writeoff risk sidetracking efforts to stamp out the financial crisis.

FOR THE DAY: 30-01-2012

FOR THE DAY:
Trade long in Nifty above 5180 levels else from 5150 levels with stop loss placed at 5130 levels for targets of 5200 and 5220.
Alternatively trade short if Nifty fails to breach past 5220 with a stop loss placed at 5250 targeting lower supports.