INTRADAY STOCK TIPS FOR TODAY: Intraday Tips for 26 September| Equity Tips|Cash Market Tips Monday

Friday, September 23, 2011

Intraday Tips for 26 September| Equity Tips|Cash Market Tips Monday

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Intraday Stock Market :-
Stock market had weak and choppy ending today.both market indices have red not ending. Sensex down 4.6% on the weekly basis.In the afternoon, short covering helped the market come off the lows of the day but closing was in the red. Sensex closed at 16162, down 199 points.

Intraday Tips For Today 26 September:-
1- Tech Mahindra Ltd. Sell below 626.05 623 with the target of 620-618 with the stop loss of 638.

Nifty Trend For Today:- Nifty had extremely week.in this week Nifty biggest point fall since October 2008 and biggest percentage fall since August 2009.And ended at  4867, down 55 points.

Nifty Levels:- Nifty has Nifty Resistance level at 4875-4948 for tomorrow.And support level at 4852-4778 for Monday 26 September

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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."