INTRADAY STOCK TIPS FOR TODAY: Stock tips tomorrwo ~Nifty Range and tips 30 August

Wednesday, August 29, 2012

Stock tips tomorrwo ~Nifty Range and tips 30 August

Stock market tips :- Tomorrwo is the Expiry of F&O series so market wolud have the volatile trading session at lower end.

Intraday stock tips - BUY Manappuram Finance Ltd. Intraday Target 42 Stop Loss 33

SELL Educomp Solutions Ltd. Intraday Target 130 Stop Loss 140

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Nifty Range and tips for tomorrow :- Nifty have support range at 5274 to 5216 and resistance range at 5332 to 5390.

Nifty tips :- Tomorrwo If nifty open below 5290 then go short for target of 5235 to 5205 while positive opening may trigger buying and short covering rally upto 5350 -5375.

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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."