Friday, August 24, 2012

Market Today and Intraday Share Tips

Nifty Trend for Today 

Nifty Index of national stock exchange made a negative opening today on the back of weak global cues. Global Market faced downfall because of Greece concern with Europe continent and easing of hopes for Fed stimulus. Today Nifty opened below crucial level of 5400 which It was trying hard to remain above. However the market seems to be stagnant after losing 25-30 points as it is trying hard to get back that level again. Technically, 5368 is the crucial level for downside and acting as stiff support for intraday while Nifty needs to trade above 5420 to see some upside.

Intraday Tips for Today- 

Mindtree Ltd- FII's have shown quite a lot interest in this stock and its trading around its 52 weeks high these day, The stock seems to have a good buying potential for day trading. One can buy Mindtree above 700 for the target of 708-715.

BPCL- Can be another intraday pick for today above 354 for the targets of 357.50-360.00 level.


Posted By Commodity MCX Tips