INTRADAY STOCK TIPS FOR TODAY: equity tips for 1 jun

Wednesday, June 1, 2011

Equity Tips For 1 Jun | Cash tips For 1 Jun | Hot Stock For 1 Jun

Axis Bank

Axis Bank Crucial Intraday Level Is 1260. Trade long above that level and trade short below that level in the intraday.

Positional Traders, trade long above 1260, for a target of 1310. Trade short below 1260 for a target of 1220.

ICICI Bank

ICICI Bank Crucial Intraday Level Is 1090.Trade long above that level and trade short below that level in the intraday.

Positional Traders, trade long above 1090 for a target of 1120. Trade short below 1090 for a target of 1055.

Reliance

Reliance Crucial Intraday Level Is 935.Trade long above that level and trade short below that level in the intraday.trade long above 935 for a target of 960. Trade short below 935 for a target of 915.

Tata Steel

TATA STEEL Crucial Intraday Level Is 580. Trade long above that level and trade short below that level.

The level 580 is crucial for short term. Positional Traders, trade long above 580, for a target of 605. Trade short below 580 for a target of 555.

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PR Activities

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."