INTRADAY STOCK TIPS FOR TODAY: Nifty Strategy With Stock Market Tips 12 September

Tuesday, September 11, 2012

Nifty Strategy With Stock Market Tips 12 September

Nifty Strategy :- Nifty had the positive closing today as it bounce back in the last trading hour and had green closing today.On 12 September volatility will sustain due to having the policy meet.Nifty will have support range around 5357 to 5283 it has resistance range around 5431 to 5505 with pivot level at 5383.

For Nifty Tips and Policy Meet predition Click-- Intraday Share Tips Today

Stock Market tips 12 September :- BUY Transgene Biotek Ltd. Intraday Target 12.4.

BUY ICICI Bank Ltd. Intraday Target 960 Stop Loss 932.

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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."