INTRADAY STOCK TIPS FOR TODAY: Stock market Strategy and Nifty trend for tomorrow 8 June

Thursday, June 7, 2012

Stock market Strategy and Nifty trend for tomorrow 8 June

Stock Market Strategy :- Today was the follow-up rally and led by banks, oil & gas, capital goods, auto and metals stocks.Markets continued inspiring from risen hope of policy rate cut and positive market sentiments after announced a big push to the infrastructure development.for tomorrow market is showing positive setiments.

Stock tips Tomorrow June 8 June :- Buy dlf above 195.50 with stop loss below 190 for target 200

Nifty Trend 8 June :- For tomorrwo Nifty has support at 4997 if this will able to braek then next support would be at 4941.Nifty has resistance level at 5053 if this will break then resistance level would be at 5109.

For Intraday tips Tomorrow 8 June FILL THE FORM ====>>>

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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."