INTRADAY STOCK TIPS FOR TODAY: nifty levels for 21 jun

Monday, June 20, 2011

Nifty Trend | Market Prediction For 21th Jun | Nifty Tips for 21th Jun

Dear Visitor Today all market indices in the loss.Realty was the biggest loser today and other sectors that took sharp cuts include oil & gas, auto, IT and metal. The Sensex closed at 17522 (provisional), down 348 points from its previous close, and the Nifty closed at 5263 (provisional), down 103 points.

all market is crash today so this day prove not good for both Nifty and sensex.

Nifty Trend For 21 Jun:-

Nifty start today very volatile Nifty slides below crucial level of 5385 to below 5200 in the first hour of trade itself.

Support:- Nifty has Below 5250- 5110 Support level.
Resistance:- Nifty has Resistance above 5335- 5435.

Special Note:- Volatility is good For intraday traders but with strict Stop Loss.

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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."