INTRADAY STOCK TIPS FOR TODAY: Nifty Tips |Stock Market Trend 23 July

Monday, July 22, 2013

Nifty Tips |Stock Market Trend 23 July

Stock Market Trend Tomorrow :- Stock market had the volatile trading session today and mange to close at flat,during the whole trading session stock market struggle to find any specific direction throughout the day. After opening with a negative gap in early trade, the markets did manage to stage a smart comeback.Stock market experts expecting the dramatic change and will go for negative range in coming trading session.

Nifty Tips For Tomorrow 23 July :- Buy- Ultratech Cement Ltd with 1920/1927/1935 Stoploss- 1895.
Sell- BPCL with Target 344/342/340 Stoploss- 353.

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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."