INTRADAY STOCK TIPS FOR TODAY: Nifty Trend For Tomorrow|Market Prediction For Tomorrow(30 jun 2011)

Wednesday, June 29, 2011

Nifty Trend For Tomorrow|Market Prediction For Tomorrow(30 jun 2011)

Dear Visitors,Market gain heavily today and end at higher level.and many good brands( bank,FMCG metals leads today.) end with heavy gains but still tomorrow market may be fall down because tomorrow F&O have expiry date.So market will be volatile be careful before trading.

Today Sensex closed at 18709, up 217 points (provisional).

Nifty Trends and Tips For Tomorrow 30 June :- Today Nifty Closed at 5605, up 60 points (provisional) from the previous close.It was the highest close in the June session.But tomorrow Nifty will be full of variation because of F&O expiry.

Resistance:- Nifty has resistance above 5610 only for targets of 5645-5685.

Support:- Nifty has below 5570 and below 5570, Nifty could fall to 5550-5520 levels.

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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."