INTRADAY STOCK TIPS FOR TODAY: Nifty Trend For Tomorrow|Market Prediction For Tomorrow(29 jun 2011)

Tuesday, June 28, 2011

Nifty Trend For Tomorrow|Market Prediction For Tomorrow(29 jun 2011)

Dear Visitors,Today Market end with rang-bound with consumer durable.start with positive node some time after it fall down and then again its cover-up.and market do the trade on flat mood.and closed with positive mood.Sensex end at 18492, up 80 points from its previous close.and investors should concern about the inflammation rate and some basic issues before do the trade.

Nifty Trend and Tips For 29 Jun :- Nifty today closed at 5545, up 19 points. and today was the rang-bound session for nifty.

Resistance:- Nifty has above 5555 for target of 5590-5630. Reversal level 5520.
Support:- Nifty has Below 5496 and also could slide to 5450.

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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."