Monday, January 16, 2012

Free Stock Market Tips for Today - 16th January 2012

  • SELL Maruti Suzuki India Ltd. Intraday Target 951 Stop Loss 1,001.
  • BUY Coal India Ltd. Intraday Target 350 Stop Loss 339.
  • BUY Bajaj Auto Ltd. Intraday Target 1,460 Stop Loss 1,415.
  • BUY Idea Cellular Ltd. Intraday Target 89.6 Stop Loss 86.5.
The Indian market opens for trade gap-down on this first day of a new week. On Friday, the US markets closed lower and are shut today on account of Martin Luther King Junior Day while Asia is in the red at this hour. Sensex is trading at 16113, down 41 points from its previous close, and Nifty is at 4848, down 17 points. CNX Midcap index is down 0.4% and BSE Smallcap index is up 0.02%. The market breadth is negative with advances at 219 against declines of 360 on the NSE.