INTRADAY STOCK TIPS FOR TODAY: Nifty Levels with intraday tips tomorrow

Wednesday, August 8, 2012

Nifty Levels with intraday tips tomorrow

Nifty levels :- Nifty has first support level at 5335 and last support level at 5287,it has resistance level at 5383 and last resistance level at 5431 with pivot level of 5364.

Intraday tips for tomorrow :- Intraday stock market closed its trading session at flat note after volatile trading.market traded in a positive terrain since morning, but the further fall in European markets after Bank Of England cut economic growth too weighed on Indian equities in late trade.

Intraday tips :- SELL Jaiprakash Associates Ltd.Intraday Target 73.5 Stop Loss 77.95.

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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."