INTRADAY STOCK TIPS FOR TODAY: Nifty Tips | Stock Tips For Tomorrow 29 August

Tuesday, August 28, 2012

Nifty Tips | Stock Tips For Tomorrow 29 August

Nifty Trend and Tips :- Nifty have resistance level at 5377 to 5455 and support at 5295 to 5215.

Stock Tips :- BUY WELCORP at around 83 with the target of 92.

BUY JPPOWER at around 24.5 for the target 28.

Med Term Tips :- BUY IFCI Ltd.Med Term Target 36 Stop Loss 26.5 BUY Suzlon Energy Ltd.Med Term Target 20 Stop Loss 14.8

Short Term Tips :- SELL Power Finance Corporation Ltd. Short Term Target 147 Stop Loss 165

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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."