INTRADAY STOCK TIPS FOR TODAY: Stock tips For today

Thursday, June 7, 2012

Stock tips For today | Nifty Trend

Nifty trend today :- Today Nifty is showing strong upside move on the behalf of good global cues.Nifty index may test its important psychological level of 5,050-5,080 on the upside in today's trading session.

Stock tips Today :-

Bank of Baroda is a 'BUY' call with a target of Rs 770 and a stop loss of Rs 700.

IDFC Ltd is a 'BUY' call with a target of Rs 140 and a stop loss of Rs 123.

HUL. Is a 'BUY' call with target of 422.6-424.7-426.3 -428 and a stock loss of 415.

NTPC. Is a Sell Call with target of 151.4-149.4-148.1-147.4 and a stop loss of 155.2.

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PR Activities

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."