Thursday, January 12, 2012

Free Intraday Tips for Today - 12th January 2012

  • BUY Uniion Bank of India Target 205 Stop Loss 179
  • SELL Infosys Ltd. Intraday Target 2,624 Stop Loss 2,670
  • Sell TCS with a target of Rs 1090 and stop loss of Rs 1160
  • SELL Housing Development & Infrastructure Ltd. Intraday Target 68 Stop Loss 73
  • SELL Bharti Airtel with a target of Rs 295 and stop loss of Rs 340
The Indian market opens for trade this morning on a negative note after a deep cut in CNX IT following disappointing Infosys Q3 results. Sensex is trading at 16094, down 81 points from its previous close, and Nifty is at 4838, down 22 points. CNX Midcap index is down 0.2% and BSE Smallcap index is also down 0.2%. The market breadth is negative with advances at 284 against declines of 316 on the NSE.

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