Monday, April 02, 2012

Stock Tips for Intraday, 02nd April 2012

The Indian Stock market is trading flat in opening trade with metal, pharma and private sector banks have made fall in indices. Auto stocks are performing well showing good upward movments.
The sensex is trading at 17450, up 46 points from its previous close and Nifty is 5302 rising by 7 points. The CNX Midcap index is up from 0.2% while BSE Smallcapindex has gained from 0.3%.
Sterlite Industries, Axis Bank , Reliance Industries, ICICI Bank, HUL, L&T, Ranbaxy Labs, Infosys, Sesa Goa, ONGC, ACC, DLF and Ambuja cements gained between 0.5% to 1%.
Kotak Mahindra Bank, Bajaj Auto, TCS, Reliance Power, Bharti Airtel, SBI and ITC were making good support to the market.
Intraday Tips for Today
- Reliance Power Ltd. BUY call with Intraday target of 124 and Stop Loss 118.
- Biocon Ltd. BUY call with Intraday target of 250 and Stop Loss of 238.
- SBI BUY call above 2116 Stop Loss of 2100 and Target between 2155 and 2170.
- ICICI Bank BUY call at 890 with Stop Loss of 880 and Target between 920 and 930.
- Adani Enterprises BUY call at 309 with Stop Loss of 300 and Target between 313-326 and
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