INTRADAY STOCK TIPS FOR TODAY: INTRADAY STOCK TIPS |NIFTY TREND TOMORROW

Friday, March 2, 2012

INTRADAY STOCK TIPS |NIFTY TREND TOMORROW

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INDIAN INTRADAY TIPS TODAY:-Intraday stock market has the rang-bound trading due to the directionless but stock market made good profit.Banking, healthcare, capital goods and metal were the best performers for today's trading session.And in intraday stock market indices sensex closed its trading at 17637, up 53 points.

LONG TERM TIPS:-BUY Steel Authority of India (SAIL) Ltd.Long Term Target 188

INTRADAY CALLS :-BUY Hero MotoCorp Ltd. Intraday Target 1,989 Stop Loss 1,835

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NIFTY TREND TODAY:- Nifty made profit after the volatile trdaing session today and closed its trading at 5359, up 20 points.

NIFTY SUPPORT AND RESISTANCE LEVEL FOR TOMORROW 5 MARCH:-Nifty has resistance level at 5439 and last resistance level at 5580 and support at 5299 and last support at 5159 and has pivot level at 5379.

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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."