INTRADAY STOCK TIPS FOR TODAY: Stock Market Update|Stock Tips For Today

Tuesday, September 20, 2011

Stock Market Update|Stock Tips For Today

Stock Market 20 September:-

After significant loss stock market has positive start today.Both market indices has pullback but this bounce back is not for stable so make your position according to this strategy and Nifty can go down so be careful. Sensex is at 16859, up 114 points from its previous close, and Nifty is at 5066, up 34 points.

Stock Tips For Today:-

1-BF UTILITIES buy above 542 with the target of 555-559 with the stop loss of 530.

2-CASTROL INDIA LTD buy above 508.95 with the target of 512.9 – 514.1 with the stop loss of 504.2.

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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."