INTRADAY STOCK TIPS FOR TODAY: Market Open With Up trend| Stock tips

Monday, September 3, 2012

Market Open With Up trend| Stock tips

Market Open with up trend :- Stock market open with up trend both market indices have positive note trading takiing the mixed global setiments.This positive openin is after a government-appointed panel headed by economist Parthasarathi Shome recommended that the General Anti-Avoidance Rules (GAAR) should be implemented only from 2016-17.

Stock tips today :- Buy BRITANNIA above 505 for target of 509 with stop loss of 497.

Buy GUJARAT APOLLO above 149 for target of 153 with stop loss of 141.

Buy Financial Technologies Ltd is a for target of 864 with stop loss of 844.

Sell Aditya Birla Nuvo Ltd for target of 745 with stop loss of 760.

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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."