Monday, March 26, 2012

Intraday Stock Tips For Tommorow

Today in Indian Stock market all sectors indices closed negative and Nifty closed below its psychological important level of 5200. Today's biggest losers were Realty, power, banking and metals while oil & gas and capital goods lost significantly. The Sensex closed at 17053 down 309 points from its previous close and Nifty closed at 5184 down 94 points.
The CNX midcap index is closed with 1.6% loss while the BSE Smallcap index was down 1.4% in today's trading session. The market breadth was negitive with advances at 326 points against declines of 1135 on the NSE. Among the top Nifty gainers were JP Associates, Kotak Mahindra Bank, ITC and Dr. Reddy's while among the biggest losers were IDFC, Sesa Goa, Axis Bank and Tata Power.

Stock Tips for Tommorow

-State Bank of India BUY call with short term target of 2295 and Stop Loss of 2101.
-Tata Motors Ltd. With Short term target of 220 and Stop Loss of 288.
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