INTRADAY STOCK TIPS FOR TODAY: Intraday stock tips

Friday, June 11, 2010

Intraday stock tips

Stock market calls for 11th June 2010

Today nifty will be traded between 5060 to 5200. Today nifty started with the positive note and have gain the level of 5100. Trader could find the good resistance of 5200 and the stop loss for today will be 5060. There are some stock market intraday tips for trading. Please note that the stock tips are only for day trading.

Buy Vakrangee Softwares Ltd. above 189 SL 183 TGTs 193, 198

Buy IFCI Ltd.above 55 SL 53.5 TGTs 56, 58

Buy Cairn India Ltd. above 297.5 SL 296 TGTs 299, 302

Buy Adani Enterprises Ltd. above 544 SL 540 TGTs 547.65, 551

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CapitalVia Global Research Head of Research Vivek Gupta said: "The good thing to cheer for the investors is that now they own a stake in the company which is much more clean in all the aspects and is amongst the top-five IT companies." Via moneycontrol.com Commenting on the outlook, the broking firm CapitalVia Global Research said, "Next week, if gold sustains above the level of 26,430 then by breaking the level of 26,890, it may touch the level of 27,250. But if it fails to sustain above 26,430 then may touch the level of then it may test the level of 25,311/25,200. For silver 42,800 may act as good resistance. For the next week, traders can sell on higher level strategy, if MCX Silver September futures sustains below 41,080 then it could test the levels of 40,340/ 39,900." Via myiris.com Vivek Gupta, head of research, CapitalVia Global Research said, "Technically, Nifty is likely to consolidate in the upcoming session and remain bullishly poised. Major resistance for upside is 6,080 with the crossing of which 6,150 can be touched. For downside, major support is at the level of 5,850 and 5,750."