INTRADAY STOCK TIPS FOR TODAY: Nifty levels for 20September

Monday, September 19, 2011

Intraday Tips For today|Cash Tips|Equity Tips

Cash Tips|Equity Tips For 20 September

Stock market had significant loss today.from the morning session the downtrend in Indian equity benchmarks continued in the end.The Global week cues also inceased its weakness and slipped both market indices with 1 %.Todays trading session downtrend is start with capital goods and increased with banking and metal.The Sensex closed at 16750, down 184 points.

Intraday Tips For Today :-Here the Intraday tips for 20 September.

1-LIC Housing Finance Ltd. Buy above 217.65 218.55 with the target of 219.82-221 withe stop loss of 213.31.

Nifty Trend For Tomorrow:- In Today's session Nifty had downtrend from the morning to the end.Nifty closed at 5033,down 52 points.

Nifty Level(Support and Resistance) :-Nifty has support level around 5048 to the 5130 for tomorrow.Nifty has resistance around 5018 to the 4964.

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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."