INTRADAY STOCK TIPS FOR TODAY: NSE INTRADAY TRADING TIPS

Monday, March 5, 2012

NSE INTRADAY TRADING TIPS | NIFTY TREND

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INDIAN INTRADAY TIPS TODAY:-Intraday stock market had the moderate loss today.Both intraday stock marklet indices closed at red zone after having the red note trading whole day,due to UP election Outcome tomorrow.Sensex closed its trading at 17,362.87 with 25 stocks in the red.For this whole week stock market has week sentiments.

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NIFTY TREND TODAY:- Nifty closed with some loss in todays trading session and closed at 5280, down 79 points.

NIFTY SUPPORT AND RESISTANCE LEVEL FOR TOMORROW 6 MARCH:-Nifty has resistance level at 5337 and last resistance level at 5427 and support at 5247 and last support at 5157 and has pivot level at 5303.

BANK NIFTY FUTURE TIPS:-Bank Nifty has resistance level at 10423.33 and last resistance level at 10717.33 and support at 10129.33 and last support at 9835.33 and has pivot level at 10311.67.

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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."