INTRADAY STOCK TIPS FOR TODAY: Nifty Trend For Tomorrow|Market Prediction For Tomorrow(1 July 2011)

Thursday, June 30, 2011

Nifty Trend For Tomorrow|Market Prediction For Tomorrow(1 July 2011)

Dear Visitors,Today Market ended with positive note and F&O expiry is also ended with positive note.Today all market section show good buying interest.And Sensex close at 18809, up 115 points form the previous close.

Nifty Trend and Tips For Tomorrow:-

Today Nifty closed at 5634, up 34 points from the previous close.In the last day of the month bullish trend continued.

Resistance:- Nifty is expected around these levels of 5600-5630 now. Bullish range only above 5665 for targets of 5715-5755.

Support :- Nifty is expected support around the levels of Below 5570

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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."