INTRADAY STOCK TIPS FOR TODAY: Stock Tips For Today Wednesday 24 August

Wednesday, August 24, 2011

Stock Tips For Today Wednesday 24 August

Intraday Stock Tips For Today 24 August:-Today Stock market has quiet note with negative trend starting.Global cues are much stable and ended at higher note so this will help for Indian stock market.

Sensex is trading at 16433, down 65 points from its previous close, and Nifty is at 4929, down 19 points.stock market today has Negative breadth in the opening of the market.

Stock Tips For Today:-

1- Titan Industries Ltd. Buy above 212.25 with the target of 214-75-216 with the stop loss of 218.

2-Bank of India buy above 324.50 with the target of 327-329 with the stop loss of 331.

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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."