INTRADAY STOCK TIPS FOR TODAY: Stock Market Outlook

Monday, July 23, 2012

Stock Market Outlook | Free Intraday tips

Free Stock Market Outlook :- Stock Market both indices sensex and nifty-50 closed at deep red zone below its physocological level on Monday.Nifty closed its trading session near the support level of 5,100 on the back of weak cues from global peers and this fall is done after May decline.For tomorrow in stock market nifty have resistance range at 5160 – 5223.and support range at 5097 – 5034 with pivot level of 5136.

Free Intraday tips :- BUY Jaiprakash Associates Ltd. Intraday Target 76.5 Stop Loss 70.

BUY Adani Enterprises Ltd. Intraday Target 202 Stop Loss 188.

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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."