INTRADAY STOCK TIPS FOR TODAY: Stock Tips For Today Tuesday 30 August

Tuesday, August 30, 2011

Stock Tips For Today Tuesday 30 August

Stock Market Trend:-

Stock market have positive starting today.Both stock market indices trading at positive Green note.Sensex trading at 16640, up 228 points from its previous close and the Nifty is trading at 4989, up 70 points.

Stock Tips For today 30 August:- Here are the stock tips.

1-Tata Consultancy Services Ltd. Buy above 1040 with the Target of 1047-1055 with the stop loss of 1016.

2-Tata Motors Ltd. Buy above 746 with the target of 750-755 with the stop loss of 729.

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PR Activities

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."