INTRADAY STOCK TIPS FOR TODAY: Intraday Trading Tips| Nifty Trend For Tomorrow 23 September

Thursday, September 22, 2011

Intraday Trading Tips| Nifty Trend For Tomorrow 23 September

Stock Market Outlook :-

Stock Market Fall

One More day add-up in market bleeding.Today market had deep cuts and continually trading lower.After deep red opening of European market its add more weakness into Indian market. Indian rupee slipped to 49.08 per dollar, down 0.76 or 1.57% from yesterday's closing value. Sensex closed at 16343, down 721 points.All sectors of the market are in deep red.

Intraday Tips For Today 23 September:-

1-Pantaloon Retail (India) Ltd. Sell below 236 with the Target of 235.8 with the stop loss of 243.5.

Nifty Trend For Tomorrow:- Nifty had the biggest deep cuts today after October 2008.Nifty ended at 4918, down 214 points.

Nifty Levels:- Nifty has resistance level at 4918-4852.And support level at 4928-4982 for tomorrow.

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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."