Friday, May 25, 2012
Indian Shares Market Tips For Today
Indian Shares Market is expected to trade in positive zone today. According to Experts market breadth turned bullish on expectaions of price hikes in LPG and diesel. At BSE, Sensex is trading at 16157 down 66 points and at NSE, Nifty is trading at 4899 down 22 points from previous close.
If Nifty remains above 4890 it is expected that market may continue to move upwards. From last 10 trading sessions market is stuck in tight range.According to Experts in short term trend Nifty may test support levels of 4750.
The CNX Midcap index is up from 0.5% and BSE Smallcap index is up from 0.2%. SBI topped the value chart of BSE with turnover around 14.29 million and was followed by Voltas and Axis Bank.
Shares Tips For Today
-Buy Reliance Capital, Target 322 and SL of 312.
-Buy IDFC Ltd., Target 135 and SL of 120.50.
-Buy Ranbaxy Labs, Target 545 and SL of 512.
-Buy Bata India Ltd., Target of 910 and SL of 850.
Click here for more Tips
Nifty Levels For Today
pp 4886, S1 4848, S2 4774, S3 4736, R1 4960 R2 4998 R3 5072.