INTRADAY STOCK TIPS FOR TODAY: NSE INTRADAY STOCK TIPS TODAY

Wednesday, February 29, 2012

NSE INTRADAY STOCK TIPS TODAY | NIFTY TREND FREE

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INDIAN INTRADAY TIPS TODAY:-Intraday stock market has the flat closing today after the rang-bound session today.In the morning session stock market had the positive with strong note opening but due to GDP data it spoiled the morning gains and start trading at lower level at rang-bound session,and closed its trading at 17753, up 22 points.

MID TERM TIPS:-BUY ITC Ltd.Mid Term Target 234 Stop Loss 207

INTRADAY CALLS :-SELL Pantaloon Retail (India) Ltd. Intraday Target 165 Stop Loss 195.

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NIFTY TREND TODAY:-Nifty has the rangbound session today and closed trading at 5385, up 10 points.

NIFTY SUPPORT AND RESISTANCE LEVEL FOR TOMORROW 1 MARCH:-Nifty has resistance level at 5445 and last resistance level at 5550 and support at 5339 and last support at 5234 and has pivot level at 5399.

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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."