INTRADAY STOCK TIPS FOR TODAY: Nifty Trend For Tomorrow|Market Prediction For Tomorrow(20 July 2011)

Tuesday, July 19, 2011

Nifty Trend For Tomorrow|Market Prediction For Tomorrow(20 July 2011)

Market Trend For Tomorrow 20 July:-

Dear Visitors,Today Market start with flt and quite note because of global cues after mid day session market sudden start upward movement.IT,Realty and consumer durable are the best performer for last session and all sectors closed with Positive note.Sensex Today at 18637 (provisional), up 130 points from its previous close.

Nifty Trend For Tomorrow 20 July:- Today Nifty perform well in last session and closed with positive note.Today Nifty closed at 5607 (provisional), up 40 points. and it is estimated that Tomorrow 20 July Nifty will be in trade positively.

Nifty Levels For 20 July:-

Resistance:- Nifty has First resistance level at 5625 and last resistance level at 5735 For 20 July.

Support:- Nifty has its First support level Below at 5595 and last support level 5500 For 20 July.

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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."