INTRADAY STOCK TIPS FOR TODAY: Intraday tips For today With Market View

Monday, June 18, 2012

Intraday tips For today With Market View

Market View For Today :- Market is going to open up due to strong postive global cues after Greece election.Stock market may have some volatility because of RBI monetary policy.

Intraday Tips For Today :- Hero MotoCorp Ltd is a 'BUY' call with a target of Rs 2040 and a stop loss of Rs 1980.

Bajaj Auto Ltd is a 'SELL' call with a target of Rs 1500 and a stop loss of Rs 1554.

Reliance Capital Ltd is a 'BUY' call with a target of Rs 370 and a stop loss of Rs 335.

Tata Motors Ltd is a 'BUY' call with a target of Rs 245 and a stop loss of Rs 233.

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	Stock Cash		Stock Futures
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	Bullion MCX		Agri NCDEX

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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."