INTRADAY STOCK TIPS FOR TODAY: Intrdaday stock tips

Thursday, June 10, 2010

Intrdaday stock tips

Free stock tips for 10th June 2010 for day trade

Buy Power Finance Corporation Ltd. above 302.35 SL 298 TGTs 306, 311.50

Buy Orbit Corporation Ltd above 248 SL 245 TGTs 250.24, 253.35

Buy Sterlite Industries (India) Ltd. above 630 SL 620 TGTs 637, 645

Buy Reliance Industries Ltd above 1007 SL 1003 TGTs 1012, 1019

Buy Divi 's Laboratories Ltd. above 750 SL 730 TGTs 767, 790

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NIFTY LEVELS FOR TODAY

Nifty started with positive note in today's stock market. Trader are now looking for the buying in nifty market. Once again after the short covering in nifty the trader are going towards buying. Their buying interest for today are technology, gas & oil, FMCG, power, realty and material companies' shares. I recommend trader to go for buying in nifty. The nifty support for today is at level 4950. Today the stop loss for nifty is at the level of 4960. Resistance for today's nifty can touch the level of 5140.

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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."