INTRADAY STOCK TIPS FOR TODAY: Intraday Tips For 9 September|Nifty Trend For Tomorrow(Nifty levels)

Thursday, September 8, 2011

Intraday Tips For 9 September|Nifty Trend For Tomorrow(Nifty levels)

Intraday Stock Market Tips For 8 September:-

Stock Market had flat note starting.And in afternoon session stock market was under tight range market traded quietly continue-sly.In the second half market picked well and traded in Green.Due to this positive move both stock market indices closed at positive note with positive market breadth.Today consumer durables and oil & gas are the gainer.Today sensex closed 17175,up 110 points.

Intraday Tips For Today:-

1- Reliance Industries Ltd. Buy above 852 855 withe target of 860-865 with the stop loss of 836.

Nifty Trend For Tomorrow:- Nifty picked sharply in the second half and closed with positive note.Nifty closed at 5159 (provisional), up 34 points today.it is estimated that tomorrow nifty may have consolidate trend..

Nifty Level(Support and Resistance) :-Tomorrow Nifty has resistance level around 5190.Nifty has support level at 5070-5010.

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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."