Wednesday, May 02, 2012

Indian Share Market Trend & Tips for tommorow, 03rd May 2012

Indian Share Market Trend : Today Indian share market closed with moderate declines with Auto, Capital goods, Power sectors remained under pressure while media stocks showed positive notes along with Consumer durables, tech and IT closed with substantial gains. The 30 companies index Sensex cloased at 17302 down 17 points from its previous close while Nifty closed at 5239 down 9 points from the previous close. The CNX Midcap index was down by 0.4% while BSE Smallcap index gained with 0.2% in todays trading session. Overall the market breadth was negative with advances at 645 points against declines of 775 on NSE.
Top Nifty Gainers
DLF, Airtel, Cipla and HUL.
Top Nifty Losers
Tata Motors, Maruti Suzuki, Grasim and ACC.
Indian Share Market Tips for Tommorow :
-DLF BUY call above 192.30 with Stop Loss below 189.50 and Target of 194.50-
-TataMotors SELL call below 305 with Stop Loss above 308.50 and Target of 301-
-BharatFort BUY call in Dips with Stop Loss below 309.50 and Target of 342 (In
duration of 1-2 weeks).
Click here for more tips