INTRADAY STOCK TIPS FOR TODAY: Intraday Tips For Today

Wednesday, May 23, 2012

Intraday Tips For Today

Intraday stock market trend For today :- Today intraday stock market is going to trading with weak trend.Rupee is in very volatile mood if this happen then it will affect the market.today intraday market open its trading session on negative note.

Intraday tips today :- Sell bhel at 211 for target of 207—205--203--201.6 keep stoploss ---214.1.

Buy NIIT TECH. above 294.50 for target of 298 with stop loss of 289.

Sell TATA POWER below 90 for target of 88 with stop loss of 92.50.

Sell CENTURY TEXTILES below 270 for target of 265 with stop loss of 276.

Nifty important level :- High at – 4889 to 4931 low at 4840 to 4796 mid point – 4864

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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."