INTRADAY STOCK TIPS FOR TODAY: Stock Tips Recommendation For Wednesday 3 August

Wednesday, August 3, 2011

Stock Tips Recommendation For Wednesday 3 August

Dear Visitors Today stock market start with very week note all market indices are at red note.On Indian stock market Global cues force to open market at very week note as US market and Dow Jones both closed at week note.Sensex is trading at 17931, down 178 points from its previous close, and Nifty is at 5400, down 56 points.
Stock Tips For Today 3 August:-
Sell Jaiprakash Power Ventures Ltd. On Intrday basis:-
Sell below Jaiprakash Power Ventures Ltd. 40.25 with the target of 39.55-30 with thes stop loss of 42.

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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."