INTRADAY STOCK TIPS FOR TODAY: Market Trend For Today 15 April

Friday, April 15, 2011

Market Trend For Today 15 April

Today Market will be in the Bullish way.Indian market is likely to see a rally on the hopes of strong earnings gains from companies like Alstom Projects, Havells India, BGR Energy, Crompton Greaves, Suzlon, Larsen & Toubro, Punj Lloyd, Gammon India, Siemens and Usha Martin.And Today Nifty is likely to move in a range of 5800-6050-6135. Bulls will be in control once the Nifty is able to move past 5950. Today Sensex has support -19500 and resistance will be 19850-20000.

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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."