INTRADAY STOCK TIPS FOR TODAY: Nifty Trend For Tomorrow|Market Prediction For Tomorrow(4 July 2011)

Friday, July 1, 2011

Nifty Trend For Tomorrow|Market Prediction For Tomorrow(4 July 2011)

Dear Visitors Today market was flat in morning hours and then its come to ups and down and in the end market closed with moderate decline.Today IT,Realty and metal are the best performer and oil,gas,auto and pharma are the loser for today.Today Sensex Closed at 18753 (provisional), down 93 points from its previous close.

Nifty Trend and Tips For 4 Jun :- Today Nifty end with moderate decline and end at 5625 (provisional), down 23 points.

Resistance:- Nifty has 5665 and above resistance level for 4 jun.

Support:- Nifty has Below 5610, will remain weak and could fall to 5580-5550.

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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."