INTRADAY STOCK TIPS FOR TODAY: Intraday Stock Tips|Nifty Trend For tomorrow 24 August

Tuesday, August 23, 2011

Intraday Stock Tips|Nifty Trend For tomorrow 24 August

Intraday Tips For 24 August:-

Today after flat green note starting stock market perform good today.Both the market indices ended with marginal gain due to stable Global cues.Sensex pullback smartly and traded in the green in afternoon session.Today IT was the worst performer.The Sensex closed at 16488 (provisional), up 146 points from its previous close.

Intraday Stock Tips:-

1-Nitesh Estates Ltd. Buy above 21.20 with the target of 21.36-21.57 with the stop loss of 22.

Nifty Trend For Tomorrow:-today Nifty has Good pullback after morning session and trade in green.Today Nifty closed at 4946, up 47 points.Nifty will flat tomorrow.

Nifty Support and Resistance Level :-On 24 August Nifty has its first resistance level at 4952 and last resistance level at 5025 .

Nifty has its first support level at 4936 and last support level at 4864 .

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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."