Tuesday, April 17, 2012
Indian Stock Market Trend & Tips for Today, 17th April
Indian Stock Market Trend : The Indian Stock market opens on a soft note ahead of RBI credit policy. Sensex currently trading at 17141 down 9 points from its previous close and Nifty trading at 5221 down from 4 points.
CNX Midcap index is up from 0.1% and BSE Smallcap is up from 0.2%. The breadth of market is positive with advances at 359 against declines of 268 on the NSE.
Axis Bank and PNB moved up by 1.5%, Kotak, ICICI, were up from 0.5-0.9%. Bajaj Auto were up from 0.9% and 0.4%. Stocks of HDFC, ONGC, Coal India, Hindal were down from 0.2-1%.
Stock Tips for Today
-Tata Motors Ltd. BUY call with Intraday Target of 310 and Stop loss of 296.
-SBI SELL call with Intraday Target of 2262.
-Reilance Communications Ltd. Intraday Target of 87 and Stop Loss of 85.
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