INTRADAY STOCK TIPS FOR TODAY: Stock Market View With Nifty Tips 25 July

Tuesday, July 24, 2012

Stock Market View With Nifty Tips 25 July

Stock Market View :- Having the weak global and local cues stock market traded at narrow range , after two days negative note trading session,today stock market tried to recover some sectors and closed ta positive note.Today HUL raised with good resluts and led the market towards positive note while wipro shown negatie result but it could not affect so much.For tomorrwo in stock market indices

Nifty is going to trade with resistance range of 5155 – 5200 and support range of 5110 – 5065.

Nifty Tips For tomorrow :- Sterlite Industries Ltd is a 'SELL' call with a target of Rs 90 and a stop loss of Rs 106

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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."