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Buy Axis Bank on dips: Ravi Nathani

SI Reporter/New Delhi 11 Jul 12 | 08:38 AM

NIFTY CMP 5345

Trend is up charts whereas resistance is expected between 5377 & 5387, traders strategy would be buy on dips. Intraday trading Levels Buy Above:  5360 Resistance 5370 | 5385 | 5409 Sell Below: 5330 Support 5321 | 5306 | 5281.

PNB CMP 864.75


Stiff resistance is expected at 875; traders watch this level closely. Intraday trading Levels Buy Above:  873 Resistance 878 | 886 | 900 Sell Below: 856 Support 851 | 843 | 830.

AXISBANK CMP 1075.30

Trend is up on charts whereas best trading strategy would be buy on dips strong resistance is expected at 1135. Intraday trading Levels Buy Above:  1085 Resistance 1092 | 1102 | 1118 Sell Below: 1065 Support 1059 | 1049 | 1033.

LT CMP 1417.00


Range bound on charts 1435-1380; trade above / below would add trigger in the direction. Intraday trading Levels Buy Above:  1425 Resistance 1429 | 1437 | 1449 Sell Below: 1409 Support 1405 | 1397 | 1385.

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