Wednesday, February 15, 2012
Indian Share Market Tips for Today
The Indian market opens for trade this morning on a strong note and the Sensex has crossed the 18000 level in opening trade. Earlier, the US markets ended flat after a choppy session while Asia is in the green at this hour. Sensex is trading at 18051, up 202 points from its previous close, and Nifty is at 5475, up 59 points. CNX Midcap index is up 1.1% and BSE Smallcap index is up 0.7%. The market breadth is positive with advances at 667 against declines of 119 on the NSE.
Tata Motors contributed rise of 31.06 points in the Sensex. It was followed by Larsen & Toubro (19.13 points), I C I C I Bank (17.6 points), Infosys (17.41 points) and State Bank Of India (14.07 points). However, Hindustan Unilever contributed fall of 0.07 points in the Sensex. It was followed by Reliance Communications (0.95 points), Sun Pharmaceutical Industries (1.19 points), Jaiprakash Associates (1.41 points) and ACC (1.48 points). Major gainers in the 30-share index were Tata Motors (5.64%), Larsen & Toubro (2.10%), D L F (2.02%), Tata Power Company (1.92%), Bharat Heavy Electricals (1.91%), andState Bank Of India (1.85%). On the other hand, and Hindustan Unilever (0.01%) were the biggest losers in the Sensex.
-BUY Tata Motors Ltd. Short Term Target 330 Stop Loss 275.
-SELL YES Bank Ltd. Intraday Target 315 Stop Loss 378.
-BUY JSW Steel with a target of Rs 850 and stop loss of Rs 720.
-BUY Reliance Capital Target 443-475-515 (POSITIONAL).
-BUY Yes Bank Target 380-390-425 (POSITIONAL)....More Tips>>
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