INTRADAY STOCK TIPS FOR TODAY: INTRADAY TIPS FOR 20TH SEPTEMBER

Monday, September 20, 2010

INTRADAY TIPS FOR 20TH SEPTEMBER

Buy DLF Ltd. above 352 stop loss Rs 347 target 355

Sell Bajaj Auto Ltd. below 1443 stop loss Rs 1454 target 1430

Buy Suzlon Energy Ltd. above 55.40 stop loss Rs 53.50 target 59

Buy Shree Renuka Sugars Ltd. above 82 stop loss Rs 78.80 target 84

Buy Aditya Birla Nuvo Ltd. above 874 stop loss Rs 872 target 883

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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."