INTRADAY STOCK TIPS FOR TODAY: STOCK MARKET UPDATES FOR TODAY

Monday, June 28, 2010

STOCK MARKET UPDATES FOR TODAY

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Today stock market is started with the positive note. Both nse and bse market are performoing well today and started with the gain. Nifty and sensex were started with up with some point. Today the frontliners stock are ONGC, Idea, Cipla, Rel infra, Reliance Capital, Bharti Airtel, Sterlite Industries, Unitech, Hindalco and SAIL are showing the buying interest and on the other hand BPCL, HPCL and GAIL are on some selling pressure. Stock market is bullish today so trade with the frontliners is ok for the traders. For more CLICK HERE

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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."