INTRADAY STOCK TIPS FOR TODAY: Nifty Trend With Equity Tips For today

Thursday, August 16, 2012

Nifty Trend With Equity Tips For today

Nifty Trend For Today :- Nifty is expecting o trade higher on Thursday tracking positive global cues. Nifty has been moving in a tight range since the beginning of this week and analysts expect the breakout to happen on the positive side.Nifty Index has now has resistance placed at 5400 and any break out beyond this level may take the Nifty higher till 5480 and beyond that 5630 is a possibility.

Equity Tips For Today :- Buy MINDTREE LTD. above 650 for target of 658 with stop loss of 642.

Buy CLARIS LIFE. Above 174 for target of 178 with stop loss of 170.

Reliance Industries Ltd is a 'BUY' call with a target of Rs 835 and a stop loss of Rs 787.

DLF Ltd is a 'BUY' call with a target of Rs 235 and a stop loss of Rs 212.

Free Trial For Stock And Commodity Tips

FREE TRIAL FORM

First Name

Last Name

Mobile No.(+91)

E-mail

Services
Interested in *

	Stock Cash		Stock Futures
	Nifty Futures		Options
	Bullion MCX		Agri NCDEX

PR Activities

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."