INTRADAY STOCK TIPS FOR TODAY: INDIAN INTRADAY TIPS

Tuesday, March 6, 2012

INDIAN INTRADAY TIPS | NIFTY LEVELS

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NSE INTRADAY TIPS TODAY:-Intraday stock Market had the volatile trading session due to UP election result.stock market seems unhappy with the up election poll 2012 and come off almost 500 points from the day high.

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NIFTY TREND TODAY:- Due to UP Poll result Nifty wiped off and closed at red zone at 5222, down 58 points.

NIFTY SUPPORT AND RESISTANCE LEVEL FOR TOMORROW 7 MARCH:-Nifty has resistance level at 5329and last resistance level at 5497 and support at 5162 and last support at 4995 and has pivot level at 5269.

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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."