Indian
Share Market Trend : Indian Share Market settled on a cheery
note. It had a gap up opening on favorable global cues. After a
positive opening, Nifty inched up on across the board buying. Nifty
continued to gain as the session progressed. Afternoon session
witnessed some profit booking as Nifty pared some of its day`s gains.
However positive openings
in the European markets further strengthened the sentiments and Nifty
easily surpassed the resistance level of 4,950. Sentiments improved
globally, after opinion
polls in Greece
indicated lead in the upcoming elections for a party in favor of the
country`s economic bailout package. Nifty closed with over 1.2%
gains. Almost all the sectoral indices
closed up in green. IT and pharma company
stocks were bit subdued today.
At
the close, the benchmark 30-share index, BSE
Sensex added 199.02 points
or 1.23% at 16,416.84 with 24 components posting rise. Meanwhile, the
broad based NSE Nifty climbed by 65.25 points or 1.33% at 4,985.65
with 40 components posting rise.
Indian
Share Market Tips For Tommorow
Tata
Power Buy call above 92.50 with stop loss below 90 and target of
94.50 – 97.
ONGC
Sell call below 252 with Stop Loss below 258 and Target of 246-240.
Click here for more Tips