INTRADAY STOCK TIPS FOR TODAY: Intraday stock tips today

Wednesday, April 18, 2012

Intraday stock tips today | Nifty Levels 18 April 2012

Nifty updates and Levels for today :- Intraday stock market has the rangbound trading session today and specific stocks can perform well today.Today nifty has support at 5256 if this will break then next support at 5213 nifty has resistance level at 5306 if this will break then next resistance level at 5347 and mid point at 5280.

intraday stock tips today :- Buy Bajaj auto at 1665-70 stop loss 1656 target 1700-1716.

Short Cairn at 345-48 SL 254 target 337-330

Buy ICICI bank at 880-885 stop loss 870 target 906-915

buy Mind tree above 532 for the target of 540 with the stop loss of 526.

Buy Apollo tyres above 92.5 for the target of 95 with the stop loss of 89.5.

buy heromotocorp above 2160 stop loss 2140 target 2180 and 2210

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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."