INTRADAY STOCK TIPS FOR TODAY: commodity tips For Today 26 dec 2011

Monday, December 26, 2011

STOCK INTRADAY TIPS FOR TODAY

INTRADAY TIPS FOR TODAY:-Today Stock Market has flate note opening on the first day of the week and has volatile trend on intraday basis.Both sensex and nifty trading at 15769, up 30 points,and Nifty is at 4722, up 8 points.

1-Buy Reliance Industries above 750, Target: 758-765, Stoploss: 739.

2-VIP IND sell below 82.50 with the target of 81 with the stop loss of 85.

3- idea sl buy above 80 with the target of 82.5 with the stop loss of 77.

4- chambal fert buy above 76 with the target of 80-82 with stop loss 75.

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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."