INTRADAY STOCK TIPS FOR TODAY: NIFTY INTRADAY LEVELS FOR TODAY 3 jan

Monday, January 3, 2011

NIFTY INTRADAY LEVELS FOR TODAY 3 jan

NIFTY INTRADAY LEVELS

SUPPORTS – 5950 – 5870
RESISTANCE – 6020 – 6080

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BEST INTRADAY TIPS FOR TODAY 3 jan

Buy SINTEX around 178-179 SL 174 TGT 183-186+

Buy RENUKA abv 97 SL 94.50 TGT 99-102+

Short KSOILS blw 44 SL 45 TGT 43-42+

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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."