Wednesday, January 11, 2012

Indian Stock Tips for Today - 11th January 2012

Indian Stock Tips for Today - 11th January 2012
  • Sell Reliance Industries Ltd. Intraday Target 716.55 Stop Loss 744.55
  • Buy Reilance Infrastructure Target 421 and Stop Loss 387
  • Buy hindalco Target 146 and Stop Loss 118
  • Buy Sterlite Industries Target 100 and Stop Loss 94
The Indian market opens for trade this morning on a quiet-to-flat note. Earlier, the US markets ended higher with the Dow up 70 and Nasdaq up 26 odd points while Asia is mixed at this hour. Sensex is trading at 16174, up 9 points from its previous close, and Nifty is at 4851, up 2 points. CNX Midcap index is up 0.5% and BSE Smallcap index is up 0.4%. The market breadth is positive with advances at 398 against declines of 162 on the NSE.