INTRADAY STOCK TIPS FOR TODAY: Best bse nse stocks to buy for intraday trading

Wednesday, June 16, 2010

Best bse nse stocks to buy for intraday trading

Free intraday stock tips for 16th-June-2010

Buy Zenith Birla (India) Ltd above 21.85 SL 20 target 22.85

Buy Punj Lloyd Ltd. above 121 SL 118 target 127

Buy Mount Shivalik Industries Ltd above 39.65 SL 37 target 41.35

Buy Hilton Metal Forging Ltd above 21.45 SL 20.25 target 22.35

Buy DCM Shriram Consolidated Ltd above 53.30 SL 52.25 target 55.65

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Nifty Levels for today

Stock market again opened with the positive note. Today in the nifty market the strong support may 5200 and the resistance level for nifty would be 5300. It is recommended to traders to go for long if the nifty trades below 5250. Traders can hold the position in nifty with the target levels of 5275-5290 with stop loss of 5210.

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PR Activities

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."