INTRADAY STOCK TIPS FOR TODAY: Intraday Tips For 8 Nov

Friday, November 4, 2011

Intraday Tips For 8 Nov

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Intraday Tips for Tomorrow:- Stock market closed with Moderate gain today.Stock market had the positive opening today.And Global market also push up to the market as they ended at positive on Thursday.Bharti Airtel announce the result in the morning session this help the index to trade at positive bias.At the Afternoon session both index traded at higher level.But this gain could not sustain for long and market slip down.And the last trading hour it again start to regain and end up with flat note.Sensex closed at 17562,up 80 points.

NIFTY TREND FOR TOMORROW:-Today Nifty closed with moderate gain. And end at 5284,up 18 points.

Nifty Levels:- STOCK MARKET has two Holidays in upcming week.And Nifty will open in 3 trading days on Gap and gap down opening.Nifty has support below 5150.

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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."