INTRADAY STOCK TIPS FOR TODAY: Stock Market View With Intraday Tips 30 July

Friday, July 27, 2012

Stock Market View With Intraday Tips 30 July

Stock Market View :- Market have the flat note closing today as both stock market closed at green note with some gains.Metals, FMCG and technology sectors ended higher while realty, capital goods and pharmaceuticals closed in the red.For Monday market is showing positive sentiments.

Intraday tips 30 July :- BUY Jindal Steel & Power Ltd. Intraday Target 399 Stop Loss 389.8

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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."