INTRADAY STOCK TIPS FOR TODAY: Nifty trend tomorrow| stock calls 3 may 2012

Wednesday, May 2, 2012

Nifty trend tomorrow| stock calls 3 may 2012

Nifty market trend :- Nifty market stop its trading at red end with flat to negative bisa trading session today.Auto, power and capital goods counters remained under pressure while media stocks gained significantly.nifty closed its trading at 5239, down 9 points.for tomorrow nifty has weak sentiments.

Nifty trading levels :- support - 5218/ 5153 resistance - 5283/5348

Stock calls For tomorrow 3 may 2012 :- buy dlf above 192.30 stop loss of between 189.50 for the target of 194.50-197.

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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."