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Intraday Tips For 20 July 2011

My Dear visitor’s after a consolidation since last Friday, the Indian Stock Market surged into upward direction in the second half of trade on Today 19th July led by short covering, tracking positive global cues. The 50-share NSE Nifty went up 46.50 points or 0.84 percent, to settle at 5,613.55 at the closing bell. But it also to be noted, that Investors are still looking very nervous especially ahead of Euro zone summit to be held on Thursday. There could be possibility of 2ndbailout for greece in this summit to stop spreading debt crisis to other countries like Italy and Spain. Remember, now Global cues will play again an important part on Indian Stock Market. So be cautious and trade carefully.
Intraday Stock Tips For 20 July 2011

1. ATLASCYCLE (Atlas Cycles (Haryana) Ltd.) :- Buy at 372.90, Strict SL At 340, Intraday Target 375-380-393 Strong Resistance – 403 – 413 - 428++.

2. TTKHEALTH (TTK Healthcare Ltd.):– Buy at 516.60, Strict SL at 477, Intraday Target 522-530-544 Strong Resistance – 558 – 572 - 592++.

3. AXIS-IT&T (AXIS-IT&T Ltd.):– Buy at 105.85, Strict SL at 90, Intraday Target 107-110-115 Strong Resistance -119-124-127.

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Intraday Tips Updated at: 1:03 AM
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