INTRADAY STOCK TIPS FOR TODAY: INTRADAY STOCK MARKET TIPS

Wednesday, March 7, 2012

INTRADAY STOCK MARKET TIPS | NIFTY TREND

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NSE INTRADAY TIPS TODAY:- Intraday stock Market had he choppy trading session today with flat closing.Both intraday stock market indices closeed Red note.Due to global news metal stock lost significantly.It is expected that this choppiness and weakness will sustain in the market on for Friday also.

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NIFTY TREND TODAY:- Nifty had the choppy trading today and closed at red zone at 5220, down 2 points.

NIFTY SUPPORT AND RESISTANCE LEVEL FOR 9 MARCH:-Nifty has resistance level at 5265and last resistance level at 5352 and support at 5178 and last support at 5090 and has pivot level at 5222.

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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."