INTRADAY STOCK TIPS FOR TODAY: Intraday Stock Tips And Trend For Tomorrow 10 July

Monday, July 9, 2012

Intraday Stock Tips And Trend For Tomorrow 10 July

Intraday Stock Market Trend :- Stock market had the week closing today due to having various global negative setiments like week US job data China's inflation fell to 29-month low.The one another reason for negative end trading was proft booking by the investors.For tomorrwo back to positive is quiet diffcult due to haevy sell off.

Intraday tips for tomorrow :- Sell hindalco below 121 stop loss above 126 with target of 115-113.

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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."