INTRADAY STOCK TIPS FOR TODAY: Intraday Tips For Today|(Stocks Today) 6 September

Monday, September 5, 2011

Intraday Tips For Today|(Stocks Today) 6 September

Intraday Stock Market(6 September):-

Today stock market had choppy trade session.Both stock market indices trade at red note in the morning session it became sluggish trading session and trade in rangebound session.in last it took smart pullback and try to recover it.But still it on negative bias and ended with moderate decline.Today IT was the biggest loser.Most importantly due this pull back Nifty had come back into 5000 range in September it is expecting that it would be better trading session from last month.

Intraday Tips for Today:-Here are the intraday tips 6 September;

1-LIC Housing Finance Ltd. Buy above 218.15 219 with the target of 22034-221 with the stop loss of 214.

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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."