INTRADAY STOCK TIPS FOR TODAY: INTRADAY TIPS FOR 7 DEC WITH NIFTY TREND

Monday, December 5, 2011

INTRADAY TIPS FOR 7 DEC WITH NIFTY TREND

Intraday tips for today 7 Dec,stock tips for today 7 Dec,nifty trend today 7 Dec,nifty levels 7 Dec,commodity tips for today 7 Dec,stock market tips for today 7 Dec,stock market trading tips 7 Dec,share trading tips 7 Dec,stock to watch today 7 Dec,stock to buy today 7 Dec,which stock to invest 7 Dec
INTRADAY TIPS FOR 7 Dec:- After The haeavy rellay on last weak stock market again back to its negative and choopy trend.This negativity and choppiness is sustain due to slow growth ratemargin traction, and interest rates at higher levels and overweight on autos can happen.On Intraday basis stock market had the negative bias opening today and end with moderate decline due to last hour loss covering trading.On Intrday basis today sensex closed its trading at Sensex at 16805, down 41 points.Like the short covering in the last weak should not be expected in this weak.
Nifty Trend 7 Dec:- Nifty had the choppy trading at negative bias and closed at negative end with the covering of morning losses.Nifty closed at 5039, down 11 points.
Nifty Levels:- Nifty has managed support at 5000 today, but below 5000 spot the support will be around 4935/4860 levels for small bounce tomorrow.

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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."