INTRADAY STOCK TIPS FOR TODAY: NIFTY TRENDS FOR TODAY

Friday, July 2, 2010

NIFTY TRENDS FOR TODAY

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FREE NIFTY & STOCK MARKET TIPS FOR TODAY ON MOBILE FOR 2ND-JULY-2010

Today market is open with the positive note and continuously it is performing on the positive note. today the support level for nifty can be seen at the level of 5220 and the resistance level could be considered at the level of 5310. If the Nifty closes below 5250 then we can expect a downside and if it closes above 5370-5400 then we can see the uptrend on today's market. Market continues positive and good buying can be seen in oil& gas, financial, and realty. 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."